Malaysian debt concerns mitigated by strong growth

PETALING JAYA: Moody’s Investors Service, which recently re-affirmed the country’s sovereign credit ratings, has highlighted concerns over the government’s debt that the rating agency feels would be mitigated by the strong economic growth.

According to Moody’s, the country’s resilient economic growth, deep domestic capital market, large international asset position and sizeable export proceeds could help mitigate this vulnerability to sudden shocks.