KUALA LUMPUR: Moody’s Investors Service today affirmed the Malaysian government’s local and foreign currency long-term issuer and local currency senior unsecured debt ratings at A3 with a stable outlook.
KUALA LUMPUR, April 14 The government welcomes Moody’s Investors Service’s (Moody’s) affirmation of Malaysia’s sovereign credit rating at A3 with a ‘stable’.
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Thursday, 28 Jan 2021 06:21 PM MYT
Moody’s Malaysia’s local and foreign currency long-term issuer and local currency senior unsecured debt ratings at A3. Picture by Hari Anggara
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KUALA LUMPUR, Jan 28 ― Moody s Investors Service has affirmed Malaysia’s local and foreign currency long-term issuer and local currency senior unsecured debt ratings at A3, with a stable outlook.
In a statement today, Moody’s said the rating affirmation is underpinned by its expectation that Malaysia s medium-term growth prospects would remain strong, and the country’s macroeconomic policymaking institutions would continue to be credible and effective, providing resilience to the sovereign credit profile.
KUALA LUMPUR (Jan 28): Moody s Investors Service today affirmed the Malaysian government s local and foreign currency long-term issuer and local currency senior unsecured debt ratings at A3, and kept its outlook at stable.
In a statement, Moody s said the rating affirmation was based on its expectation that Malaysia s medium-term growth prospects will remain strong underpinned by its diversified and competitive economy and supportive demographics while its macroeconomic policymaking institutions will continue to be credible and effective, which provides resilience to the sovereign credit profile.
These strengths it outlined are balanced against the government s relatively high and increased debt burden, which will leave the government with weakened fiscal strength for some time in the aftermath of the pandemic shock to public finances.