KUALA LUMPUR, Aug 26 — Malaysia is on track to enhance its fiscal health, with promising prospects for reducing debt levels, according to Malaysian Rating Corporation Bhd...
Accused of being a ‘Kutty’ by Zahid, Dr Mahathir tells court: I’m a Malay and Muslim since birth, my parents are Malays too
The rating agency said that under the debt sustainability analysis framework developed by the Ministry of Finance, the International Monetary Fund, and the World Bank, Malaysia’s debt level could improve to below 60 per cent of gross domestic product by 2028 . “While risks surrounding external growth and financing conditions have decreased, continued adherence to debt-stabilising policy measures is required to achieve a stronger and more sustainable fiscal position,” it said in a statement today.
“Short-term papers as a share of gross borrowings rose to 18.9 per cent during the 2020-2023 period compared to 6.2 per cent in the 2015-2019 period.
Debt Fiscal Health Malaysian Rating Corporation
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