The Federal Government's debt has risen to RM1.3 trillion as of March 2025, up from RM1.25 trillion at the end of last year, while total liabilities stood at RM384.6bil compared to RM384.8bil previously, says Lim Hui Ying.
The Deputy Finance Minister said the increase was due to the government's need to finance fiscal deficits to support development expenditure (DE).
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