Category: debt

I refer to the article in The Malaysian Insider/New Mandala on reducing Malaysia’s debt burden by Nurhisham Hussein, an economist with Malaysian Rating Corporation Berhad and former employee of Permodalan Nasional Berhad. It is encouraging to have him participate in this national conversation on Malaysian debt. Close to 20 prominent Malaysian academics, comprising economists and… Continue reading On Malaysia’s debts and ‘growth at all cost’

Krisis kewangan membawa malapetaka ekonomik kepada penduduk mana-mana negara tidak kira di Timur ataupun di Barat. Oleh itu kedudukan kewangan sesebuah negara tidak harus dipandang ringan. Lewat-lewat ini pelbagai laporan dan berita di media menyifatkan keadaan kewangan negara Malaysia dan pengurusannya sebagai membimbangkan. Kebimbangan ini adalah berdasarkan sebab-sebab yang berikut: Aliran wang modal keluar dari… Continue reading BN dan PR: Nyatakan langkah-langkah untuk memperbaiki kewangan dan hutang negara

Recent financial crises have visited economic calamity upon ordinary citizens in the countries of the East and West alike. Experience tells us that there can be no complacency about a nation’s financial state. Concerns voiced in various reports and the media call for special attention to Malaysia’s finances and their management. These concerns are: A… Continue reading Academics call upon Barisan and Pakatan to declare policy positions on national finance and debt

This is the third part of a three-part CPI series on Malaysian debt. The first part, entitled, ‘Investigate Malaysia’s debts now’ , surveyed the overall debt situation. The second part, entitled, ‘Malaysian government debt to approach RM1 trillion by 2020’, looked at the trend in government debt. This part critiques the debt-to-GDP ratio and questions… Continue reading Malaysia’s debt: the misleading debt-to-GDP ratio

 CPI Introduction This is the second part of a three-part CPI series on Malaysian debt. The first part, entitled, ‘Investigate Malaysia’s debts now’ , surveyed the overall debt situation. This part examines the trend in government debt. The upcoming part, Malaysia’s debt: the misleading debt-to-GDP ratio will concern Malaysia’s total debt. Statistics reveal that in… Continue reading Malaysian government’s debt to approach RM1 trillion by 2020

This is the first part of a three-part CPI series on Malaysian debt. It analyses former PM Mahathir Mohamad’s claim that Malaysia’s debt is healthy. The following parts will consider respectively the trajectory of government debt and the shortcomings of the debt-to-GDP ratio used to appraise Malaysia’s debt level. Part 2 – ‘Malaysian government debt… Continue reading Investigate Malaysia’s debts now