In an effort to pare down the national debt of RM1 trillion, Prime Minister Tun Dr Mahathir Mohamad said the government would pursue more ways to raise funds, including imposing new taxes and selling some of its assets, The Sun Daily reports. Malaysia’s Finance Minister Lim Guan Eng added that maintaining earlier fiscal targets would be “foolish”, as the government struggles with existing liabilities. Channel News Asia reported that the Malaysian government will announce its 2019 budget on November 2. Visiting Nobel Prize-winning economist Josepth Stiglitz, who met with Mahathir in Putrajaya on Tuesday, said there were many kinds of good taxes that could be introduced to stimulate Malaysia’s economy in order to create a fair society as it tackles its debt.