Fitch Ratings maintains Malaysia's credit rating at "BBB+", noting economic growth but cautioning on public debt.

Fitch Ratings has affirmed Malaysia's long-term foreign-currency issuer default rating at "BBB+" with a stable outlook, citing strong economic growth and foreign investments as positives. However, high public debt and potential risks from geopolitical tensions are noted. The Malaysian economy is forecast to grow by 5.2% in 2024, slowing to 4.5% in 2025 and 4.3% in 2026. Prime Minister Anwar Ibrahim praised the rating, attributing it to economic reforms and improved policy clarity.

3 months ago
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