BNM: Higher debt limit is temporary and manageable

BNM: Higher debt limit is temporary and manageable

Malay Mail Online - Money·2020-08-14 15:03

BNM governor Datuk Nor Shamsiah Mohd Yunus said increasing the debt level during a crisis is not something new as Malaysia has done it before. — Picture by Yusof Mat Isa

KUALA LUMPUR, Aug 14 ― The plan to increase the country's statutory debt limit to 60 per cent of the Gross Domestic Product (GDP) from 55 per cent is temporary and can be managed by the government.

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