Govt succeeds in reducing new debt
This thus fulfils the commitment of more prudent fiscal management, and only the interest payments on old debts have not yet been reduced, he said.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
![BTH: Auditor General's Report, PAC action & pro-rakyat relief [WATCH]](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fassets%2FNST-Logo%402x.png%3Fid%3Db37a17055cb1ffea01f5&w=48&q=75){kind=small}
New Straits Times
16 minutes ago
- New Straits Times
BTH: Auditor General's Report, PAC action & pro-rakyat relief [WATCH]
KUALA LUMPUR: The latest Auditor-General's Report 2/2025 has reignited debate over public sector accountability, with findings highlighting recurring issues of financial mismanagement, procurement irregularities, and enforcement lapses across several ministries and agencies. The latest episode Beyond the Headlines, discussed how the report has triggered swift responses from the government, with Prime Minister Datuk Seri Anwar Ibrahim instructing all ministers to thoroughly act on the audit findings. Minister in the Prime Minister's Department (Law and Institutional Reform), Datuk Seri Azalina Othman Said, stated the administration takes the matter seriously, citing leakages, regulatory non-compliance, and weak planning as issues that "must be corrected and not repeated." Transparency International Malaysia (TI-M) also weighed in, warning that the recurrence of such failures signals deep-rooted governance breakdowns. While TI-M welcomed recent amendments to the Audit Act 1957 — including real-time monitoring through the Auditor General's Dashboard — they cautioned that structural reform must go beyond dashboards and enforcement. Public Accounts Committee (PAC) deputy chairmanTeresa Kok joined us on set to address the PAC's role in prioritising cases for review, ensuring accountability, and proposing long-term reforms. More in the latest episode of Beyond the Headlines. Watch on NST Online's YouTube Channel
Malay Mail
an hour ago
- Malay Mail
Anwar welcomes Thai, Cambodian openness to truce amid rising hostilities
KUALA LUMPUR, July 25 — Prime Minister Datuk Seri Anwar Ibrahim has welcomed the positive signals and willingness shown by Bangkok and Phnom Penh to consider a ceasefire to prevent further hostilities along the borders between the two countries. Anwar said he had spoken to Cambodian Prime Minister Hun Manet and acting Thai Prime Minister Phumtham Wechayachai Thursday evening to express Malaysia's concern over the escalation of tensions. 'In our conversations, in Malaysia's capacity as ASEAN Chair for 2025, I appealed directly to both leaders for an immediate ceasefire to prevent further hostilities and to create space for peaceful dialogue and diplomatic resolution. 'I welcome the positive signals and willingness shown by both Bangkok and Phnom Penh to consider this path forward,' he said in a Facebook post. The prime minister said Malaysia stands ready to assist and facilitate this process in the spirit of ASEAN unity and shared responsibility. 'I firmly believe that ASEAN's strength lies in its solidarity and that peace must always be our collective and unwavering choice,' he said. Thai and Cambodian troops reportedly clashed early Thursday in a disputed area along their shared border, with both sides accusing each other of initiating the latest confrontation. Tensions between the two Southeast Asian neighbours have been rising since May 28, following a deadly border clash near the Preah Vihear area that left one Cambodian soldier dead. The two Southeast Asian neighbours have been disputing an 817-km undemarcated border for decades, which continues to sour diplomatic ties. On Wednesday, the Thai government downgraded diplomatic relations with Cambodia in immediate retaliation after a Thai soldier was injured by what the government claimed was a newly planted landmine. The Cambodian government reciprocated by lowering its diplomatic ties with Thailand to the lowest level on Thursday. — Bernama
Malay Mail
an hour ago
- Malay Mail
‘Turun Anwar' rally proof PN lacks ideas, says Anwar aide
KUALA LUMPUR, July 25 — The 'Turun Anwar' rally this Saturday is the culmination of Perikatan Nasional (PN)'s mental block to present ideas as an alternative to the alleged accusation that the 'government has failed to manage the economy'. Political Secretary to Finance Minister Muhammad Kamil Abdul Munim said current figures and reports showed that the country's economy is recovering and growing consistently, thus burying their baseless claims. 'Growth, inflation, unemployment rates, investment volumes are being demonised because of hatred and greed. 'This is clear evidence of how they have failed to argue and propose alternatives to the various good policies that we have translated,' said the Angkatan Muda Keadlilan (AMK) chief in a tweet on X yesterday. He said while the country's leaders are working hard to develop the country, the opposition has chosen the path of fighting, and even to this day they have failed to present a candidate to replace Prime Minister Datuk Seri Anwar Ibrahim. However, Muhammad Kamil said the MADANI government upholds freedom, especially to assemble peacefully, while informing that the prime minister has given assurances that there will be no intimidation from the authorities. 'However, demonstrating just to hate Anwar Ibrahim physically shows how weak, shallow and inept their politics are in the face of our agility in translating the wishes and desires of the people now,' said Kamil. — Bernama
