Malaysia's bonds and currency are expected to recover due to fiscal discipline, improved economic indicators, and foreign investment.
Malaysia's sovereign bonds and currency are poised for recovery, driven by strong economic signals and expected fiscal discipline in the upcoming budget. Prime Minister Anwar Ibrahim's budget, to be unveiled on October 18, aims for a reduced deficit ratio of 3.9%, down from 4.3%. Positive trends in foreign direct investment, exports, and tourism further bolster this outlook, suggesting favorable returns for bonds in the next three to six months.
October 17, 2024
3 Articles