Malaysia says it still has to pay $2.8 billion in 1MDB debts

๐ŸŒ The Straits Times (MY) —
Malaysia says it still has to pay $2.8 billion in 1MDB debts

AI Summary

Malaysia has stated that it still owes $2.8 billion for 1MDB debts, potentially absorbing RM20.1 billion in losses if no further recoveries are made. This continues to be a significant fiscal challenge for the government.

If there are no further recoveries, the government will have to absorb RM20.1 billion in losses.

World Politics Markets Malaysia 1MDB debt government losses RM20.1 billion finance

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