The bigger the budget, the larger the debt, Dr Mahathir says of Budget 2022 | The Malaysian Insight

The bigger the budget, the larger the debt, Dr Mahathir says of Budget 2022

Langkawi lawmaker Dr Mahathir Mohamad, while debating the RM332.1 billion Budget 2022, says it was disappointing that the government didn’t indicate how it will reduce the country’s expenditure. – The Malaysian Insight file pic, November 2, 2021.

HAVING the biggest national budget is nothing to be proud of as it will also result in larger debt, said Dr Mahathir Mohamad when debating Budget 2022 in the Dewan Rakyat today. “As the government’s estimated revenue for next year is just RM234 billion, there will be a shortfall of RM98 billion. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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