Moody’s affirmation of Malaysia’s local and foreign currency long-term issuer ratings at A3, with a stable outlook, is testament to the government’s strong fiscal discipline and robust medium-term growth prospects, on the back of earnest Covid-19 containment measures.

“It also demonstrates Moody’s confidence in Malaysia amidst unprecedented credit rating adjustments globally, with Credit Rating Agencies (CRAs) taking more than 220 negative rating actions since the onset of the pandemic,” Finance Minister Tengku Zafrul Abdul Aziz said...