Five reasons why Malaysia is not in trouble

KUALA LUMPUR: Malaysia is better prepared to manage another global financial crisis due to its sound economic and financial structure as well as the availability of a strong surveillance mechanism, according to Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz.

“Reforms that we have implemented since the 1997/98 Asian Financial Crisis have improved the resilience of our financial system tremendously so much so that we are now better able to manage any global financial market volatility,” Zeti told reporters during a press briefing in conjunction with the release of Bank Negara’s 2013 annual report.