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Auditor-general: Malaysia can't keep borrowing money to service debt

This article is 2 years old

Auditor-General Nik Azman Nik Abdul Majid has warned that borrowing money for principal repayment of matured loans can only be a short-term and temporary measure and that Malaysia needs to find a long-term solution to the problem.

"It is true that loans are always made to finance mainly development expenditure.

"Only now, in this year and last year when...

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