Ahmad Maslan suggests seven methods to reduce country's debt

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Ahmad Maslan.

SHAH ALAM - Deputy Finance Minister Datuk Seri Ahmad Maslan today suggests seven suggestions to reduce the RM1.5 trillion national debt.

Through a brief Facebook post, he listed the seven ways that needed to be done in order to address the issue.

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Among them were to increase government revenue, reduce leaks caused by corruption and tighten enforcement such as the elimination of smuggling.

Other suggestions listed were reduction of the black-market economy, increase economic digitisation and avoid any form of waste.

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Ahmad was also of the view that a targeted provision of large subsidies could be used to reduce the debts.

Prime Minister Datuk Seri Anwar Ibrahim on Tuesday said the country's debt and liability had reached RM1.5 trillion.

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Anwar said the matter must be handled immediately.

The Finance Minister stated the country's economic position had yet to stabilise and it was related to global developments.

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