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Malaysia's anti-corruption agency, police and tax authority have ramped up investigations into Tabung Haji following a Royal Commission of Inquiry report detailing alleged financial mismanagement at the Islamic pilgrimage fund manager.
Malaysia's Finance Ministry has assured Parliament that federal government debt will remain below the 65% GDP statutory ceiling through 2026, even as authorities monitor Middle Eastern tensions and implement spending controls.
Prime Minister Anwar Ibrahim has disclosed that the federal government shoulders nearly RM1 billion in annual debt servicing for Felda, attributing the financial strain to administrative failures under previous leadership.