Tag: Moodys Malaysia rating
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Moody’s on Malaysia: Balanced budget 2020 unlikely
First, bad news from another international rating agency, Moody’s Investor Service. Its senior analyst Christian de Guzman said Malaysia is unlikely to be able to balance our budget by 2020. In other words, Malaysia should still be having a budget deficit. Hopefully, it’s pretty low by then. The reasons contributing to this include short-term challenges…