KUALA LUMPUR: The chances of Malaysia going bankrupt like Sri Lanka is extremely slim, says Tengku Datuk Seri Zafrul Tengku Abdul Aziz (pic). "If you compare the economic indicators between Malaysia and Sri Lanka, ours is far much stronger than that of Sri Lanka. Tengku Zafrul assured the house that the government continues to be prudent and careful when managing the nation's finances and debts. Currently, he said that Malaysia's debt service ratio was at 16.3% and is expected to increase to over 18% this year. He noted that this was much higher than the debt service ratio of countries such as US, UK and Japan.
