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Govt committed to reduce debt-to-GDP ratio to 60 pct within 5 years, says Treasury sec-gen

3 months ago Economy theborneopost
KUALA LUMPUR (July 23): In line with the Public Finance and Fiscal Responsibility Act, the government is committed to reducing its borrowings in terms of the debt-to-gross domestic product (GDP) ratio to 60 per cent within a five-year timeframe from the current 64 per cent to ensure a stronger and more sustainable fiscal position for [...] Read more at: theborneopost

Tags : committed reduce ratio within years treasury

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