Malaysia has $250 billion of debt. The government is trying to crowdfund it.
2018-06-03 09:54:38 source：The Washington Post
June 2, 2018
When Malaysian Prime Minister Mahathir Mohamad unexpectedly won his bid for office in May, he pledged to do his best to find money that went missing in a massive corruption scandal under his predecessor. Former Prime Minister Najib Razak has been accused of stealing hundreds of millions of dollars from a state fund known as 1MDB.
Mahathir's other priority was get the country's $250 billion worth of debt under control. And this week, he announced the government had found a way to at least get started: crowdfunding.
Within 24 hours, the "Malaysia Hope Fund" raised almost $2 million, the BBC reported.
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