We Only Borrow To Fund Fiscal Deficit Maturing Debt Says Amir


 
Finance minister II Amir Hamzah Azizan said the amount of federal government loans last year decreased to RM226.595 billion compared with RM230.949 billion in 2022. (Bernama pic)
KUALA LUMPUR: The finance ministry only borrows to finance the government’s fiscal deficit and maturing debt to ensure that it does not borrow excessively, says finance minister II Amir Hamzah Azizan.
Through strict and phased fiscal consolidation, Amir told the Dewan Rakyat that the government has managed to avoid an increase in the amount of net loans while reducing debt growth.
During the winding up of the auditor-general’s (A-G) report on the federal government’s financial statements in 2023, the minister said the amount of federal government loans last year decreased to RM226.595 billion from RM230.949 billion in 2022.
“The fiscal deficit has been consistently reduced. The amount of net loans has decreased from RM99.4 billion in 2022 to RM92.5 billion in 2023.

This trend is expected to continue to decrease to around RM86 billion in 2024, he said.
Amir’s speech was read by youth and sports minister Hannah Yeoh as he was suffering from laryngitis.
He also explained the government’s financial commitment, which stands at RM285.634 billion, and guarantee commitment which expanded by RM3.288 billion to RM227.404 billion compared with 2022.
He said these guarantee commitments were debt commitments of government-linked companies (GLCs) and statutory bodies specifically tasked with implementing social obligations, especially public transport infrastructure projects.
“The increased guarantee commitment is to cover four ongoing transport infrastructure projects, namely the Mass Rapid Transit (MRT), Light Rail Transit 3 (LRT3), Sarawak Pan Borneo Expressway and the East Coast Rail Link (ECRL), in addition to covering infrastructure operating costs to improve the national transport network system.

This increased commitment is to implement infrastructure projects that cannot be accommodated through development spending, as well as other social projects such as the construction of schools, hospitals and federal roads, he added.
He reiterated that the government was determined to gradually reduce its ratio of debt-to-gross domestic product to below 60% in the medium-term, as stipulated in the Public Finance and Fiscal Responsibility Act. - FMT


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2024/10/we-only-borrow-to-fund-fiscal-deficit.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Only Syed Saddiq Responded To Mou On Opposition Allocations Says Minister

Only Syed Saddiq Responded To Mou On Opposition Allocations Says Minister

papar berkaitan - pada 16/10/2024 - jumlah : 210 hits
Federal territories minister Dr Zaliha Mustafa said there is no reason for the government to resume negotiations on the MoU as the opposition rejected it without any official feedback KUALA LUMPUR Only Muar MP Syed Saddiq Syed Abdul Rahman ...
Malaysia S 2024 Gdp On Track To Surpass Growth Target Says Amir Hamzah

Malaysia S 2024 Gdp On Track To Surpass Growth Target Says Amir Hamzah

papar berkaitan - pada 9/10/2024 - jumlah : 441 hits
Finance minister II Amir Hamzah Azizan said the performance of the local bourse underscores the resilience of domestic equities despite global uncertainties PETALING JAYA Malaysia is poised to exceed its national growth target in 2024 on th...
Asean Must Remain Neutral To Boost Regional Investment Says Tengku Zafrul

Asean Must Remain Neutral To Boost Regional Investment Says Tengku Zafrul

papar berkaitan - pada 8/10/2024 - jumlah : 243 hits
Investment trade and industry minister Tengku Zafrul Aziz addressing the 24th Asean Economic Community council meeting in Vientiane Laos on Monday PETALING JAYA Asean must maintain its neutrality amid global geopolitical tensions to attract...
Umno Must Remain Humble Despite Mahkota Win Says Asyraf

Umno Must Remain Humble Despite Mahkota Win Says Asyraf

papar berkaitan - pada 8/10/2024 - jumlah : 214 hits
Umno secretary general Asyraf Wajdi Dusuki speaking to the media after the Umno Supreme Council meeting in Kuala Lumpur tonight KUALA LUMPUR Umno s victory in last month s Mahkota by election should not lead the party to become arrogant or ...
We Re Not Anti Malaya Abang Jo Says Over Teacher Recruitment Request

We Re Not Anti Malaya Abang Jo Says Over Teacher Recruitment Request

papar berkaitan - pada 9/10/2024 - jumlah : 349 hits
Premier Abang Johari Openg said the Education Service Commission had promised the state government that the newly recruited trainee teachers would be from Sarawak PETALING JAYA The Sarawak government has denied it is anti Malaya or anti Sem...
You Can Criticise The Pm But Not The Monarchy Says Anwar

You Can Criticise The Pm But Not The Monarchy Says Anwar

papar berkaitan - pada 7/10/2024 - jumlah : 299 hits
Prime Minister Datuk Seri Anwar Ibrahim has defended his administration s human rights record amid criticisms from watchdog groups Speaking in an interview with US based broadcaster Mehdi Hasan on news website Zeteo on Friday Anwar responde...
Inheritance Tax Will Burden Middle Class Families Says Think Tank

Inheritance Tax Will Burden Middle Class Families Says Think Tank

papar berkaitan - pada 7/10/2024 - jumlah : 217 hits
Family run businesses and middle class families would be worse affected by the proposed reintroduction of inheritance tax said Insap PETALING JAYA A think tank has objected to a proposed reintroduction of the inheritance tax in the 2025 Bud...
Ge16 The Real Test For Unity Govt Says Chin Tong

Ge16 The Real Test For Unity Govt Says Chin Tong

papar berkaitan - pada 7/10/2024 - jumlah : 520 hits
Liew Chin Tong making his final address as Johor DAP chief at the party s state annual convention today PETALING JAYA The next general election is shaping up to be the real test of the unity government and efforts must be made to convince M...
Buasir Otak Tv Tak Buat Latihan Cikgu Bagi Be Like

Drama Mandul Bukan Pilihan

Plastik Terbiodegradasi Pilihan Mesra Alam Untuk Masa Depan

Rundingan Perdagangan Amerika Syarikat Jepun Buntu Boj Kekal Berdiam Diri

Navigating The Wild How To Use Natural Landmarks For Direction

My Life As A Teacher At Smk Ladang Kerilla

Polis Lari Lintang Pukang Dengar Bunyi Letupan

Sewa Sst 8 Apa Yang Perlu Anda Tahu Sebagai Penyewa Atau Pemilik


echo '';
Info Dan Sinopsis Drama Berepisod Dendam Seorang Madu Slot Tiara Astro Prima

10 Fakta Biodata Amira Othman Yang Digosip Dengan Fattah Amin Penyanyi Lagu Bila Nak Kahwin

5 Tips Macam Mana Nak Ajak Orang Kita Suka Dating Dengan Kita

Info Dan Sinopsis Drama Berepisod Keluarga Itu Slot Lestary TV3

Bolehkah Manusia Transgender Mencapai Klimaks Selepas Bertukar


Ba88 4 May Ba88 Top 8 By Derick

Gobaza88 17 Gobaza88 Top 22 By Deidre

Terima Kasih Untuk 13 Juta Pageviews Blog

Sayuran Berkilat Dan Nampak Segar Bila Di Masak

Jemputan Kahwin

Igp Malaysia Risks Becoming Terror Transit Hub As Is Linked Bangladeshis Recruit Migrant Workers Via Social Media