KUALA LUMPUR, Dec 9 (NNN-BERNAMA) – Fitch Ratings has affirmed Malaysia’s long-term foreign-currency issuer default rating (IDR) at “BBB+” with a stable outlook.<\/p>\n\n\n\n
The rating agency said in a statement yesterday, the ratings are supported by strong medium-term growth prospects and persistent current account surpluses, with a diversified export base.<\/p>\n\n\n\n
These strengths are balanced against high public debt, a lower revenue base, and weaker external liquidity relative to peers. “The stable outlook reflects our expectation that, the government debt-to-gross domestic product ratio will decline only gradually over the medium term, underpinned by the government’s commitment to fiscal consolidation,” it said.<\/p>\n\n\n\n
Meanwhile, Fitch expects Malaysia’s economy to expand by 4.6 percent this year, easing to four percent next year, and 4.2 percent in 2027.<\/p>\n\n\n\n
Firm labour market conditions and rising wages are supporting household spending, with momentum likely to carry into 2026, it noted.<\/p>\n\n\n\n
According to Fitch, Malaysia’s approved investment projects rose by 13.2 percent year-on-year, in the first nine months of this year, pointing to a strong pipeline, especially in artificial intelligence-related capex, in 2026.<\/p>\n\n\n\n
Exports surprised on the upside this year, on the global tech upcycle and front-loading, but are likely to soften next year, as front-loading fades, it added.– NNN-BERNAMA <\/p>\n","protected":false},"excerpt":{"rendered":"
KUALA LUMPUR, Dec 9 (NNN-BERNAMA) – Fitch Ratings has affirmed Malaysia’s long-term foreign-currency issuer default rating (IDR) at “BBB+” with a stable outlook. The rating agency said in a statement yesterday, the ratings are supported by strong medium-term growth prospects and persistent current account surpluses, with a diversified export base. These strengths are balanced against […]<\/p>\n","protected":false},"author":10,"featured_media":319341,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,288,300,318],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/319339"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=319339"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/319339\/revisions"}],"predecessor-version":[{"id":319340,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/319339\/revisions\/319340"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/319341"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=319339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=319339"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=319339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}