Felda suffers RM10.6b debt, expected to recover in 2023

Published: Oct 28, 2020 12:42 PM

The Federal Land Development Authority (Felda) has an unsustainable capital structure and spiralled into a staggering RM10.6 billion in debt.

These were among the serious problems faced by the agency as identified by the special task force, said the Minister in the Prime Minister's Department (Economy) Mustapa Mohamed...

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