PETALING JAYA: The Tabung Harapan Malaysia (THM) fund, which has collected RM199mil to date, will officially close on Dec 31 this year. This shows the people are concerned and united in helping the Government settle the national debt issue," he added. The Ministry will also appoint an external audit firm to audit THM accounts in line with Section 7 of the Audit Act 1957. "The Government will ensure that this donation will be used to settle national debt." "Although the RM1tril debt surpasses the THM proceeds, the government appreciates the Rakyat's solidarity in addressing the national debt issue," Lim said.

Source: The Star December 23, 2018 03:45 UTC