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Govt Not Bankrupt, Debt Currently Stands At RM1.2 Trillion, Says Finance Minister

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the government’s current debt stands at RM1.2 trillion.

However, the minister insisted that the government is not bankrupt as the administration has managed to repay all of its debt on time.

He said the country’s direct debt stands at RM854bil.

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