PublishedDeputy Finance Minister Datuk Ir Amiruddin Hamzah speaks to reporters July 26, 2018. — Picture by Ahmad Zamzahuri
He said MOF and BNM, through their latest documents, both reported Putrajaya’s debt as a percentage of the Gross Domestic Product at 51.8 per cent as at end-2018. “In fact, the government’s direct debt level remains below 55 per cent of the GDP, and the government will continue to practise good governance in administering any development expenditure in order not to exceed the 55 per cent level,” he said during the question-and-answer session in the Dewan Negara today.
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