ERC换TRC:Tengku Zafrul: Only 2.5% of federal govt debt is foreign-denominated
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.环球UG（www.ugbet.us）开放环球UG代理登录网址、会员登录网址、环球UG会员注册、环球UG代理开户申请、环球UG电脑客户端、环球UG手机版下载等业务。
KUALA LUMPUR: The claim that Malaysia owes a lot of money to Indonesia is not true as only 2.5 per cent of federal government debts are foreign-denominated, said Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz.
The foreign loans are from various institutions and investors from around the world, among them the United States, Europe, Japan, China, and Singapore.
"So the 2.5 percent of foreign loans cannot all be from Indonesia, it’s not logical. And the remaining 97.5 per cent of the national debt are domestic loans,” he said in a video that was uploaded on Twitter today.
Tengku Zafrul explained that government borrowings are different from the loans made by individuals.
"One of the ways governments borrow money is through a bond issuance whereby investors will make bids for the rate of return or yield, as well as the amount wanted.
"Investors who bid the lowest rate of return but with the highest loan amount will be selected,” he said, adding that it is rare for a country to make a direct loan from another country.,
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“Malaysia banyak hutang dengan Indonesia?’
Tidak betul... 95.7% hutang negara adalah domestik, hanya 2.5% sahaja pinjaman luar negara.
Here’s my explanation on the bogus claim