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Story perspectives

Malaysia's Debt Crisis: RM1.7 Trillion by 2030?

8/13/2025

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Story summary
  • Malaysia's federal debt may exceed RM1.7 trillion by 2030, with a debt-to-GDP ratio potentially declining to 60% if growth exceeds 4.5% annually.
  • The 13th Malaysia Plan prioritizes AI, the creative economy, and skills for an aging population.
  • The fiscal deficit is projected to fall below 3% of GDP by 2030, despite previous challenges.
  • Development expenditure for the 13MP is RM430 billion, with RM120 billion from government-linked companies and RM61 billion from public-private partnerships.