Guan Eng: S&P outlook sign that growing debt not a threat to Malaysia’s credit ratings | Malay Mail

Lim Guan Eng addresses a press conference in Putrajaya April 23, 2019. — Picture by Miera Zulyana

“The reaffirmation also shows that the increase in government’s direct debt does not affect Malaysia’s sovereign credit ratings, especially when the government’s overall debt and liabilities have been reduced,” Lim said in a statement. Lim said Bank Negara Malaysia’s decision to cut its Overnight Policy Rate by 25 basis points to 3 per cent in May this year has eased the burden to consumers, which was evident in the 13 per cent spike in vehicle purchases from January to May this year.

S&P just giving LGE the calm before the storm...

So call Accountant.....with stupidity guanenglim

Ok bro... You are the King of Cockstroking indeed guanenglim

Yeahhh feel really safe now. Debts no longer to be worried yeahhh

'Growing debt' is good now.

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