The 1MDB scandal remains Malaysia’s single largest debt burden, with nearly RM50bil in liabilities still weighing on federal finances, Prime Minister Datuk Seri Anwar Ibrahim told the Dewan Rakyat. Anwar, who is also Finance Minister, said Malaysia’s deficit has narrowed from 5% in 2023 to 4.1% last year, with a further drop to 3.8% projected this year. He also pointed out that annual federal borrowings have also fallen from RM100bil in 2021 to about RM75bil. Read more at https://tinyurl.com/4x7
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