
Should We Be Worried About Our Debt Levels?

Should We Be Worried About Our Debt Levels?
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16 mins
7 mins
11 mins
Guest: Dr Shankaran Nambiar, Head Of Research, Malaysian Institute of Economic Research, KP Bose, Tax Consultant and Personal Finance Consultant
Finance Minister Datuk Seri Tengku Zafrul recently highlighted the ongoing issues around providing subsidies, even as costs go up. And this, of course, relates to our debt levels, which is currently at RM1.3 billion. The Minister also said that the enacted Prosperity Tax would help to offer some financial buffer. So, in this episode of Inside Story, we look firstly at our debt levels, and what it actually means, especially compared to our neighbours. And then, how much of a dent is the income from the prosperity tax going to make in that?
Image Source: Maurice Yom, Shutterstock
Presenter: Lee Chwi Lynn, Sharmilla Ganesan
Producer: Kelly Anissa
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