Malaysia is stable and is not at risk of going bankrupt like Sri Lanka, Finance Minister Zafrul Aziz said, citing the International Monetary Fund’s prediction for the economy to expand 5.75% this year as reason for confidence.
The legislation is aimed at ensuring Malaysia has enough resources to implement reforms that meet with its ESG agenda, Finance Minister Zafrul Aziz sa.
DAVOS (Bloomberg): Malaysia’s economy is growing strongly thanks to the rise in commodity prices and central bankers "still have room” to tighten monetary policy to tackle accelerating inflation if needed, according to Finance Minister Zafrul Aziz.