Malaysia Faces $2.18 Billion in Remaining 1MDB Debts Through 2039
Updated
Updated · Bloomberg · Jul 9
Malaysia Faces $2.18 Billion in Remaining 1MDB Debts Through 2039
1 articles · Updated · Bloomberg · Jul 9
Summary
8.9 billion ringgit in remaining 1MDB-related liabilities still has to be paid by the Malaysian government, Deputy Finance Minister Liew Chin Tong told parliament on Thursday.
The total includes a government-guaranteed sukuk maturing in 2039, tying the state to long-dated obligations from the scandal.
Malaysia must also service 5 billion ringgit in principal and 3.9 billion ringgit in interest on that financing, underscoring the continuing fiscal cost of 1MDB.