1MDB Missed $603M Payment to IPIC

1MDB Missed $603M Payment to IPIC

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the delay in financial transactions involving one MDB and IPIC due to a rationalisation plan. Despite the delay, credit rating agencies remain confident in Malaysia's fiscal health, and market indicators like credit default swaps and the ringgit show positive trends. Abu Dhabi has taken the matter to arbitration, indicating their seriousness. One MDB has committed to meeting its obligations within a five-day grace period.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the reason for the delay in getting the money?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current sentiment of credit rating agencies regarding the fiscal health mentioned?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions have the leaders in Abu Dhabi taken regarding their obligations?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How long has the tussle mentioned in the text been ongoing?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What commitment did one MDB express regarding their payments?

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