
Govt committed to reducing debt-to-GDP ratio to 60 pct within 5 years: Treasury sec-gen
By Niam Seet Wei & Nurunnasihah Ahmad Rashid KUALA LUMPUR: In line with the Public Finance and Fiscal Responsibility Act, the government is committed to reducing its borrowings in terms of the debt-to-gross domestic product (GDP) ratio to 60 per cent within a five-year timeframe from the current 64 per








