Japan will extend a loan to help with Malaysia's debt problem

Japan will extend a loan to help with Malaysia's debt problem https://i0.wp.com/www.eresviral.com/wp-content/uploads/2018/11/Japón-extenderá-un-préstamo-para-ayudar-con-el-problema-de-la-deuda-de-Malasia.jpg?fit=260%2C146&ssl=1

Japan will extend a loan to help with Malaysia's debt problem





Japan will extend a loan to help with Malaysia's debt problem





The leaders of Malaysia and Japan They agreed that Japan will issue yen-denominated bonds of up to 200 billion yen ($ 1.8 billion) to help the Southeast Asian country combat its fiscal deficit.

Japanese Prime Minister Shinzo Abe said at a press conference on Tuesday that Japan will also grant loans to help Malaysia in areas such as education, transport and the exchange of people.

Malaysian Prime Minister Mahathir Mohamad, who returned to leadership this year, has long advocated learning about post-war economic growth in Japan.

Earlier Tuesday, Emperor Akihito handed Mahathir one of Japan's most important awards for international and cultural achievement.



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ORIGINAL ARTICLE ABC NEWS

 
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