Guan Eng rejects Najib's claim on national debt

KUALA LUMPUR (June 13): Finance minister Lim Guan Eng has rejected the claim that the government’s federal debt figure of over RM1 trillion has been disproved by Moody’s Investors Service.

"I would reject what former Prime Minister Datuk Seri Najib Razak claims, that our debt level is not at RM1.087 trillion. The federal debt is at that level because we want to include those contingent liabilities and government guarantees which have now become direct debt," Lim said.