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External Debt

Budget 2023: Why We Are Not Addressing Financial Leakages & Wastages?

National Budget Malaysia Economy Deficit

Malaysia always had a deficit national budget where The Government had always spent more than what it can collect except for the so-called golden years between 1993 to 1997 when the budget recorded a surplus and also low deficit budgets in between. Image source: Trading Economics.

Read More »Budget 2023: Why We Are Not Addressing Financial Leakages & Wastages?

Tags: Accountability, Budget, Economic Stability, Economy, Elections, Expense, External Debt, Federal Government, Malaysia, Mismanagement, Money, Parliament, Politicians, Public Funds, Wastage

Economy 101: Seriously, Is Malaysia’s External Debt As Bad As Sri Lanka?

Sri Lanka Riot External Debt

COVID-19 pandemic, public funds mismanagement and corruption have driven some countries into severe external debts that they were unable to recover from and this saw massive public riots that had driven the politicians involved out of their country. One such example is Sri Lanka where the President of the country had fled the country and the country is in a major riot. Image source: BBC

Read More »Economy 101: Seriously, Is Malaysia’s External Debt As Bad As Sri Lanka?

Tags: Asia, Bailout, Currency, Debt to GDP ratio, Economy, External Debt, IMF, Malaysia, Mismanagement, Public Funds, Sri Lanka, Statistics