Tag: household debts unsustainable malaysia
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Households Malaysia: Financial assets up RM97.9bil vs RM70.4bil up in debt
First, let’s talk about potentially a bad news. Malaysia’s household debt-to-gross domestic product (GDP) ratio increased to 89.1% in 2015. It was 87.9 percent as at end 2014. Read here: Household Debt Malaysia? Better In other words, the household debts in total is actually worsening. Want to know what some other countries are doing? Well, take a…