Stay updated with breaking news from மனநிலை ரேடிஂக்ஸ். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Thursday, 28 Jan 2021 07:38 PM MYT According to Moody’s, Malaysia s debt burden is among the highest compared to similarly rated peers, while its debt affordability is among the weakest, with interest payments accounting for around 12-14 per cent of revenue over 2021-2023. Picture by Choo Choy May Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Jan 28 ― Moody s expects Malaysia’s fiscal deficit to narrow to around 5.5 per cent of gross domestic product (GDP) in 2021 from 6.0 per cent in 2020. Moody’s said given the government s expressed objective to provide ongoing support to the economy as it recovers from the shock, any hurdle to the recovery, for example, a more severe economic impact from the reinstated movement control order (MCO 2.0) than currently assumed, may potentially be addressed through additional economic stimulus. ....
KUALA LUMPUR, Jan 28 ― Moody's Investors Service expects Malaysia’s real gross domestic product (GDP) growth to rebound by six per cent in 2021 following a sharp contraction last year. “This is in part driven by base effects, although the government's fiscal package, including ongoing support. ....