Firm economic principles to ensure stability

Juwai IQI global chief economist Shan Saeed

PETALING JAYA: Malaysia’s fiscal position and its economy is not expected to take a hit amid pressures and volatility in the global oil market.

The nation as a net exporter of the commodity has buffers in the form of oil royalties which would cushion any impact from potential lower oil prices and not affect its fiscal position despite lower revenues, according to economists and oil analysts.