Debt Management Office to oversee government's borrowings up and running | The Malaysian Insight

Finance Minister Lim Guan Eng says the DMO is designed to keep government debt and liabilities from spiralling out of control, and put a stop to reckless borrowing without valid reason. – The Malaysian Insight file pic, May 15, 2019.

THE Finance Ministry has set up the Debt Management Office to review and manage the government’s debt and liabilities. Minister Lim Guan Eng said the DMO is designed to keep government debt and liabilities from spiralling out of control, and put a stop to reckless borrowing without valid reason. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance minister: Debt Management Office formed to manage govt debt, liabilities | Malay MailKUALA LUMPUR, May 15 — The Debt Management Office (DMO) chaired by the finance minister has been established in order to strengthen the government’s fiscal position. In a press statement today, Finance Minister Lim Guan Eng made the announcement, saying that the office will oversee the issuance...
Source: malaymail - 🏆 1. / 86 Read more »

Finance Ministry: Returned 1MDB funds will be used to service debts | Malay MailKUALA LUMPUR, May 8 — The US$322 million (RM1.3 billion) received through the repatriation of 1MDB assets will be used to service the sovereign wealth fund’s total debts of RM51 billion. The Finance Ministry said the debt amount includes the interest borne and loans taken from the ministry of...
Source: malaymail - 🏆 1. / 86 Read more »