Only 2.5pct federal govt debt foreign-denominated - Zafrul

The claim that Malaysia owes a lot of money to Indonesia is not true as only 2.5 percent of federal government debts are foreign-denominated, said Finance Minister Tengku Zafrul Abdul Aziz.

The foreign loans are from various institutions and investors from around the world, among them the United States, Europe, Japan, China, and Singapore.

“So the 2.5 percent of foreign loans cannot...