Govt's debt servicing charges rose to 16% last year, Parliament told | TheStarTV.com

Govt's debt servicing charges rose to 16% last year, Parliament told

Published on 22 Jan 2026 3:18:32 PM

The government’s debt servicing charges (DSC) increased at the end of last year to around 16%, according to Deputy Finance Minister Liew Chin Tong.

This was against 12.5% in 2019 and reflected the sharp increase in debt incurred from 2020 to 2022 to finance the stimulus package and economic recovery plan during the Covid-19 pandemic, he added.

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news, thestartv, the star, dewan rakyat, parliament, liew chin tong, investment trade and industry ministry, debt servicing, charges, increase, measures, borrowing, federal government

The government’s debt servicing charges (DSC) increased at the end of last year to around 16%, according to Deputy Finance Minister Liew Chin Tong.

This was against 12.5% in 2019 and reflected the sharp increase in debt incurred from 2020 to 2022 to finance the stimulus package and economic recovery plan during the Covid-19 pandemic, he added.

Read more at https://tinyurl.com/mr2uwav4

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, dewan rakyat, parliament, liew chin tong, investment trade and industry ministry, debt servicing, charges, increase, measures, borrowing, federal government

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