Moody’s: Malaysia able to service elevated debts

Moody's press briefing: From left Anushka Shah, Dr Michael Taylor and Simon Chen.

KUALA LUMPUR: Although Malaysia’s debt burden is elevated and has consistently been above median levels, it is able to service its debts, according to rating agency Moody’s Investors Service.

“Malaysia’s debt metrics is weaker, but it does not mean it cannot service its debts,” said Anushka Shah, a vice-president of Moody’s overseeing Malaysia’s sovereign risk.