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Moody´s affirms A3 rating, maintains stable outlook on Malaysia

Last update: 07/12/2018
 

KUALA LUMPUR, Dec 7 (Bernama) -- International rating agency Moody’s Investors Service has affirmed the Malaysian government’s local and foreign currency issuer and senior unsecured debt ratings at A3 with stable outlook.

The rating affirmation recognises that Malaysia’s fiscal strength has weakened, while the stable outlook balances credit constraints from low-debt affordability and a high-debt burden against inherent credit strengths, including resilient economic growth and a stable and broad funding base for the country's debt.

“Government debt will stay high longer and the government's fiscal policy choices will narrow the revenue base and reduce fiscal flexibility further,” Moody’s said in a statement today.
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