Fitch gives thumbs up to Malaysia’s resilience

Datuk Seri Zafrul Tengku Abdul Aziz: “Malaysia’s rating affirmation is a testimony of the economy’s resilience amid an uncertain landscape."

KUALA LUMPUR: Fitch Ratings’ approval comes amid unprecedented credit rating pressures globally, where the three main credit rating agencies had issued 101 negative outlook positions as of end-2020, says Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

“Malaysia’s rating affirmation is a testimony of the economy’s resilience amid an uncertain landscape, with good medium-term growth prospects and stable current account surplus supported by a diversified market and export offerings.