Fitch's affirmation of Malaysia's ratings reflects govt's fiscal reform commitment -- MoF

KUALA LUMPUR: Fitch Ratings’ (Fitch) affirmation of Malaysia’s sovereign credit ratings at BBB+ with a ‘stable’ outlook reflects the government’s commitment to fiscal reform and the country’s ability to maintain economic growth momentum and withstand weak and volatile global conditions, said the Ministry of Finance (MoF).

In a statement, the MoF said the government is committed to pursuing fiscal consolidation and rebuilding fiscal buffers for long-term sustainability.