Malaysia’s new PM seeks ways to cut debt from 65 percent of GDP • The Foreign Desk

By Joseph Sipalan KUALA LUMPUR (Reuters) – Malaysia will try to cut its national debt of 1 trillion ringgit ($251.67 billion) by aborting some projects, reconsidering others and cutting ministers’ salaries, Prime Minister Mahathir Mohamad said on Wednesday. Mahathir, 92, led an opposition coalition to a shock victory in elections this month after campaigning on …

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