Govt's debt servicing charges rose to 16% last year, Parliament told
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Govt's debt servicing charges rose to 16% last year, Parliament told
The government’s debt servicing charges (DSC) increased at the end of last year to around 16%, according to Deputy Finance Minister Liew Chin Tong. This was against 12.5% in 2019 and reflected the sharp increase in debt incurred from 2020 to 2022 to finance the stimulus package and economic recovery plan during the Covid-19 pandemic, he added ...
1 month ago
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