Article Related To debt-limit

The US dollar firmed up in late trading on Wednesday as US leaders expressed optimism over debt limit negotiations, reported Xinhua.

US President Joe Biden says he is "optimistic" about his talks with Republicans on raising the debt ceiling and will likely meet with congressional leaders on Tuesday, reported Sputnik.

The government debt level trajectory is forecast to remain within the statutory debt limit in the medium term.

The government will be tabling a motion on raising its statutory debt limit from 60 per cent to 65 per cent of GDP.

This is to fund the raise in the ceiling cap for the COVID-19 Fund from RM65 billion to RM110 billion.

Tengku Zafrul said the proposal will be implemented immediately after being approved by Parliament.

Increasing the statutory debt limit is the need of the hour for Malaysia as the global battle against COVID-19 continues with the government seeking extra fiscal room.

The debt-to-GDP ratio would probably increase to above 60 per cent by year-end.

The government has never used the Emergency Ordinance to raise revenue or increase spending beyond the statutory debt ceiling approved by Parliament in August 2020.

Datuk Seri Najib Tun Razak has urged the government to raise the statutory debt limit from 55 per cent of the gross domestic product (GDP)

Technically, the legislative body could increase the debt limit but this depended on what it had to say and Malaysia would wait for the decision.

US government employees head back to work after President Barack Obama signed a law ending a government shutdown and extending the US debt limit.

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.