Fitch revises Malaysia's outlook to stable


A file photograph showing a view of the offices of Fitch Ratings in New York on 29 April 2010. - EPA

KUALA LUMPUR: Fitch maintained Malaysia's long-term foreign currency issuer default rating (IDR) at A- and local currency at A, with the outlook revised to stable from negative previously.

Fitch said in a statement that Malaysia's fiscal finances have improved and views progress on the Goods and Services Tax (GST) and fuel subsidy reform as supportive of the fiscal finances.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Dr Wan Azizah proposes setting up of ‘cat houses’
Suspect from Esha cyberbullying case nabbed for similar offence, say cops
Sibu woman loses RM549,000 in online investment scam
Health Ministry plans to upgrade cardiothoracic centres across Malaysia
Misunderstanding leads to student brawl in Kota Kinabalu
26 squatter homes on Forestry Department land in Kunak demolished
Shorter working hours won’t affect productivity in public sector, says Cuepacs
New Village Expo in Ipoh sees a plethora of local products on display
PLUS highway lane width reduction does not involve Chinese New Year, Aidilfitiri for 2025, 2026
Sarikei police probe entry status of seven Indonesians who died in crash

Others Also Read