Malaysia will not go bankrupt like Sri Lanka, said Finance Minister

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Malaysia will not go bankrupt like Sri Lanka as its economy is far much better than the latter, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz told the paliament.

He said, according to the International Monetary Fund (IMF), Malaysia economy is growing and fine, there is no economic problem that could result in bankruptcy.

“In late April, the IMF said it was confident at the prospect of Malaysia’s economy expanding by 5.75% this year.

” If you compare the economic indicators between Malaysia and Sri Lanka, ours is by far much stronger.

“As such, the possibility of Malaysia going bankrupt like Sri Lanka is extremely slim,” he said when responding to a supplementary question from Datuk Seri Ahmad Maslan (BN-Pontian).


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