PUTRAJAYA: The Prime Minister’s Office (PMO) today announced the establishment of the Debt and Liability Management Committee, as stated in the Federal Budget 2019.
It said the committee’s key objective was to reduce government’s debt and liabilities to a manageable level.
“The Committee is expected to complete its task within the next 18 months. The committee members are experts in finance, economics, and law,” said the PMO in a statement.
It also listed the committee comprising:
* Datuk Ahmad Badri Mohd Zahir, Treasury Secretary General, Ministry of Finance;
* To’ Puan Azian Mohd Aziz, Head of Advisory Division, Attorney General’s Chambers;
* Dr Muhammed Abdul Khalid, Economic Adviser to the Prime Minister;
* Gooi Hoe Soon, Board member of Bank Negara Malaysia; and
* Faris Rabidin, Board member of Securities Commission.
The PMO said the appointment of the committee members comes into force immediately and they would report directly to the prime minister.