SUBSCRIBERS
Further cut in M'sia fiscal deficit will be a challenge: Moody's
Published Tue, Feb 20, 2018 · 09:50 PM
Kuala Lumpur
MALAYSIA'S fiscal consolidation is likely to be "very slow" and remains a credit challenge along with high debt levels, ratings agency Moody's said on Tuesday.
Prime Minister Najib Razak has been able to lower the fiscal deficit every year since taking power in 2009 and that has been significant for maintaining Malaysia's investment-grade sovereign credit ratings.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons