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Malaysians contribute $37m to help pay off country’s debt – The Punch

Malaysians have contribute more than 150 million ringgit (37 million dollars) to help pay off its staggering national debt, the countrys Finance Ministry said Tuesday.

Tabung Harapan Malaysia, also known as the Malaysia Hope Fund, surpassed the 150-million-ringgit mark less
than two months after it was launched on May 30.

The fund was set up after members of the public said they would donate money to alleviating national debt, which is estimated to have surpassed 247 billion dollars, or 80 per cent of the countrys Gross Domestic Product.

READ ALSO: CUPP will achieve its objective PDP chieftain

The current government has accused the previous ruling coalition Barisan Nasional (BN) led by scandal-plagued
former prime minister …

Read the full article at: https://punchng.com/malaysians-contribute-37m-to-help-pay-off-countrys-debt/

Category: Debt HelpBy Insolvency GuardianJuly 17, 2018

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Malaysians contribute $37m to help pay off country’s debt – The Punch

Malaysians have contribute more than 150 million ringgit (37 million dollars) to help pay off its staggering national debt, the countrys Finance Ministry said Tuesday.

Tabung Harapan Malaysia, also known as the Malaysia Hope Fund, surpassed the 150-million-ringgit mark less
than two months after it was launched on May 30.

The fund was set up after members of the public said they would donate money to alleviating national debt, which is estimated to have surpassed 247 billion dollars, or 80 per cent of the countrys Gross Domestic Product.

READ ALSO: CUPP will achieve its objective PDP chieftain

The current government has accused the previous ruling coalition Barisan Nasional (BN) led by scandal-plagued
former prime minister …

Read the full article at: http://punchng.com/malaysians-contribute-37m-to-help-pay-off-countrys-debt/

Category: Debt HelpBy Insolvency GuardianJuly 17, 2018

Post navigation

PreviousPrevious post:‘Unduly complex’ laws threatening major developments in Ireland – Chief Justice – Independent.ieNextNext post:Dar Al Atta’a helps repay widowed woman’s debt in Oman – Times of Oman

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