ID :
43987
Tue, 02/03/2009 - 19:16
Auther :
Shortlink :
https://oananews.org//node/43987
The shortlink copeid
M`SIAN GOVT MAY ISSUE BONDS WORTH US$22 BLN IN 2009
KUALA LUMPUR, Feb 3 (Bernama) -- The government may issue bonds worth RM80
billion (US$22.2 billion)in 2009 to meet development financing, growth target as
well as maturities, said Kenanga Research house here, Tuesday.
"A low public debt level provides greater flexibility for the government to
source domestic funds, especially from the non-inflationary sources, to bridge
the financing gap," it said.
Therefore, any recourse to foreign borrowings would therefore suggest a
benchmarking exercise by the government, it said in the "Economic Outlook 2009"
report released here, Tuesday.
-- BERNAMA
billion (US$22.2 billion)in 2009 to meet development financing, growth target as
well as maturities, said Kenanga Research house here, Tuesday.
"A low public debt level provides greater flexibility for the government to
source domestic funds, especially from the non-inflationary sources, to bridge
the financing gap," it said.
Therefore, any recourse to foreign borrowings would therefore suggest a
benchmarking exercise by the government, it said in the "Economic Outlook 2009"
report released here, Tuesday.
-- BERNAMA
