COMMENT | Should Petronas be listed to pare debt?

COMMENT | This question was raised during the time of the previous Pakatan Harapan government in 2019 - when then finance minister Lim Guan Eng claimed debt had reached RM1 trillion - but nothing came out of it. 

We had occasion to comment upon it here. Why that never took off, we were not told, but I suspect politics and the subsequent Sheraton Move in February 2020. 

The event put the focus of the government on continued politicking and delayed indefinitely what needed to be done for the country and the economy.

Now, PKR’s Subang MP, Wong Chen, has raised it anew, suggesting that Petronas should be listed and the money raised used to reduce the national debt and progressively put national finances in a good position.

Let’s examine the issues involved...