Finance Minister Lim Guan Eng said this when asked how the current administration would handle the country’s RM1 trillion debt. With the principles of competency, accountability and transparency, we are working at improving our fiscal situation. “We must ensure that our fiscal situation can be improved. “How can that (the revelation of the country’s RM1 trillion debt) cause the fall. The committed government guarantees would include entities such Danainfra Nasional Bhd (RM42.2 billion), Govco Holdings Bhd (RM8.8 billion), Prasarana Malaysia Bhd (RM26.6 billion), Malaysia Rail-link Sdn Bhd (RM14.5 billion) as well as an estimated RM38 billion for 1MDB.

Source: New Strait Times May 25, 2018 07:30 UTC