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Malaysia's sustained public accounts transparency is credit positive, says Moody's


  • Economy
  • Thursday, 8 Nov 2018

Malaysia's Budget 2019 indicates greater transparency in the country's public accounts and a focus on inclusive growth, which if sustained, will be credit positive, says Moody's Investors Service.

Malaysia's Budget 2019 indicates greater transparency in the country's public accounts and a focus on inclusive growth, which if sustained, will be credit positive, says Moody's Investors Service.


KUALA LUMPUR: Malaysia's Budget 2019 indicates greater transparency in the country's public accounts and a focus on inclusive growth, which if sustained, will be credit positive, says Moody's Investors Service.

“However, in the near term, a still high fiscal deficit and heightened reliance on volatile oil-related revenues will weaken Malaysia's fiscal profile, a credit negative,” it said in its just-released report.

Economy , Budget 2019

   

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