MOF also reviewing if amount is sufficient, increases to be made as needed, says PM

RM147.7m, or 3.5 pct of figure, represents unpaid or overdue amount, says Hui Ying

PM says govt looking to lower arrears to RM75b this year, from about RM100b in 2021

MPs to also cover questions on Refugee Registration Document, affordable housing

Govt borrowing used prudently, focusing on financing strategic development projects, says MOF

Ministry says amount small, at less than 3 pct of total foreign currency-denominated dues

Such a possibility would lead to public debt being at its highest level since 1948

Measures to reduce deficit, new borrowings, lower nation's dependence on debt will continue, says deputy minister

PM says administration projects lower debt rate of 3.8 pct this year

Deputy minister says buying planes won’t impact fiscal deficit either, and will help govt cover development expenditures

Lim Hui Ying says figure is 0.2 pct of nation’s total household dues

Anwar Ibrahim says drastic spending cut would affect Rahmah, healthcare funding.

By Danial Dzulkifly KUALA LUMPUR, July 31 — Prime Minister Datuk Seri Anwar Ibrahim said the government has significantly reduced its new borrowings, bringing it down to RM76.8 billion last year from RM99.4 billion in 2023, as part of efforts to ensure sound fiscal governance. Speaking at the...

By Danial Dzulkifly KUALA LUMPUR, July 31 — Prime Minister Datuk Seri Anwar Ibrahim said the government has significantly reduced its new borrowings, bringing it down to RM76.8 billion last year from RM99.4 billion in 2023, as part of efforts to ensure sound fiscal governance. Speaking at the...

PUTRAJAYA, July 21 — Prime Minister Datuk Seri Anwar Ibrahim said the government has succeeded in reducing annual debt to RM77 billion in 2024 from RM99 billion in 2022.

By Danial Dzulkifly KUALA LUMPUR, July 21 — The Dewan Rakyat today passed the Consumer Credit Bill 2025, paving the way for a unified regulatory framework to oversee non-bank lenders, including buy now, pay later (BNPL) service providers and debt collection agencies. In her wind-up, Deputy...

PUTRAJAYA, July 9 — Higher Education Minister Datuk Seri Zambry Abd Kadir has advised university students nationwide to be cautious and avoid falling into buy now, pay later (BNPL) schemes or high-interest loan traps that could saddle them with unmanageable debt.

By Danial Dzulkifly SHAH ALAM, May 14 — The rapid rise of Buy Now, Pay Later (BNPL) in Malaysia has reinforced the urgent need for stronger regulations to prevent reckless spending that could lead to debt accumulation and defaults, especially among youth with limited financial literacy. While...

By Yasmin Ramlan SHAH ALAM, April 17 — In recent years, the issue of late National Higher Education Fund Corporation (PTPTN) repayments has garnered attention, especially as many young Malaysians struggle with managing their finances. For fresh graduates, the combination of financial...

KLANG, March 23 — The National Entrepreneurial Group Economic Fund (TEKUN Nasional) successfully reduced its non-performing loan (NPL) rate or bad debt to RM120 million last year, down from RM380 million.