Tengku Zafrul: Only 2.5% of federal govt debt is foreign-denominated
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.博彩平台大全（www.99cx.vip）是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。博彩平台大全上最新博彩平台登录线路、博彩平台代理网址更新最快。博彩平台大全开放皇冠官方会员注册、皇冠官方代理开户等业务。
KUALA LUMPUR: The claim that Malaysia owes a lot of money to Indonesia is not true as only 2.5 per cent of federal government debts are foreign-denominated, said Finance Minister Datuk Seri 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 all be from Indonesia, it’s not logical. And the remaining 97.5 per cent of the national debt are domestic loans,” he said in a video that was uploaded on Twitter today.
Tengku Zafrul explained that government borrowings are different from the loans made by individuals.
"One of the ways governments borrow money is through a bond issuance whereby investors will make bids for the rate of return or yield, as well as the amount wanted.
"Investors who bid the lowest rate of return but with the highest loan amount will be selected,” he said, adding that it is rare for a country to make a direct loan from another country.,
“Malaysia banyak hutang dengan Indonesia?’
Tidak betul... 95.7% hutang negara adalah domestik, hanya 2.5% sahaja pinjaman luar negara.
Here’s my explanation on the bogus claim