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.<br /><br />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.<br /><br />Read more at https://tinyurl.com/mr2uwav4<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline
