Finance Minister Lim Guan Eng says the government has reduced its overall debt and liabilities.
In welcoming S&P Global Ratings’ reaffirmation, the minister Lim Guan Eng says this especially so when the government’s overall debt and liabilities have been reduced. “The other components are committed government guarantees and finance leases, as well as other liabilities including 1MDB debt which the government is compelled to service directly,” he said in a statement.
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