China and Laos have signed a joint statement aimed at elevating bilateral cooperation, focusing on the ambitious development of a connectivity development corridor between the two countries and Thailand.
KUALA LUMPUR: A total of RM39.74bil in Federal Government grants were used to repay the 1Malaysia Development Berhad loans and related payments over a five year period, according to the Auditor-General’s Report 3/2024.
Besides this, the Federal Government had to also set aside RM9.46bil consisting of RM5bil for the principal of Sukuk Islamic Medium Term Notes , which mature on May 27, 2039The report also noted that the Federal Government will have to repay RM5bil in committed guarantee related to 1MDB after 11 years.
Among the recommendations of the Auditor-General is for the Federal Government to recover assets related to 1MDB and SRC International Sdn Bhd from both domestic and foreign parties.
Debts Loans Repaymnet Federal Government
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