A government panel to cut debt is looking at strategies, such as "identification of opportunities on potential asset monetisation, which means mature unlisted government entities may be listed in the stock market," he said.
KUALA LUMPUR (Mar 19): Malaysia may list certain state-owned entities to cut government debt and liabilities, Prime Minister Mahathir Mohamad said on Tuesday as it seeks new revenue sources to boost its fiscal position.
Dr Mahathir, elected in a stunning upset last year, has blamed the previous administration of Najib Razak for saddling Malaysia with debt and liabilities of more than RM1 trillion ($331.3 billion).
