KUALA LUMPUR: Malaysia will continue to grow sustainably, reduce fiscal deficit and keep debt at a manageable level, said Prime Minister Datuk Seri Najib Tun Razak.
“We have strong fundamentals,” Najib said via Twitter.
Meanwhile, the Prime Minister’s Office (PMO) has expressed satisfaction with the Standard and Poor’s reaffirmation of its ratings in various ‘A’ categories for short- and long-term credit ratings for Malaysia.
In its Facebook post, the PMO said the rating agency also believed that Malaysia’s fiscal deficits and government debts were moderate, taking into consideration the country’s ‘strong external position’ and ‘considerable monetary flexibility’. – Bernama