LKAN: Gross national loan receipts up 6.5 pct to RM231.365b for 2022

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LKAN: Gross national loan receipts up 6.5 pct to RM231.365b for 2022
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KUALA LUMPUR: Malaysia’s gross loan receipts in 2022 increased by 6.5 per cent or RM14.164 billion to RM231.365 billion from RM217.201 billion in 2021...

: Malaysia’s gross loan receipts in 2022 increased by 6.5 per cent or RM14.164 billion to RM231.365 billion from RM217.201 billion in 2021.

The report revealed that the net premium from the issuance of Malaysian Government Securities instruments was as much as RM0.135 billion, while as much as RM0.281 billion was the premium for the issuance of Government Investment Issue instruments. According to LKAN 2022, a total of RM131.528 billion or 56.8 per cent of the gross loan receipts were used to repay the principal of maturing loans, which is an increase of RM17.764 billion or 15.6 per cent, compared to RM113.764 billion in 2021.

“A total of RM68.541 billion was transferred to the Development Fund to finance development expenses and a total of RM30.880 billion was transferred to the Covid-19 Fund to finance the expenses of the aid package.

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