An article from The Edge dated 1st March 2013 highlighted the following:
The article states that if the Malaysia Government is able to reduce the national debt, better credit ratings will be given to Malaysia by Standards & Poor Rating Agency (S&P). Therefore a country with excellent credit rating would most likely attract more foreign investors to invest in Malaysia. In some ways the article created a feel good factor to showcase that the government (pre-election) was doing a great job at reducing our national debt.
However does the article above truly reflects the current situation of our country's debt?
Digging further back to an
article from The Malaysian Insider dated 6th September 2012 as shown below:
To read the rest of the article, click
HERE