Malaysia Displays Strongest Potential for Long-Term Growth Amongst Regional Peers: Moody’s Investors Service

Malaysia Displays Strongest Potential for Long-Term Growth Amongst Regional Peers: Moody’s Investors Service

https://islamicmarkets.com/articles/malaysia-displays-strongest-potential-for-long-term-growth-amongst-regional-peers
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At the Inside Asian Series' Media Roundtable, Moody's Investors Service (Moody’s) stated that Malaysia’s long-term growth potential over 2021-2024 remains stronger than its peers amongst the A2 to BAA1 group. Malaysia is rated A3 with a Stable Outlook.

Why it Matters?

According to Sovereign Risk Group Vice President Christian Fang, Malaysia's economic diversity and complexity is a key contributor to this level of anticipated growth. In addition, Fang stated that Malaysia's high quality of infrastructure is supported by strong education levels and increasing adoption of Information Technology, relative to its other ASEAN emerging market peers. However, this expected growth is countered by Malaysia’s weaker fiscal and debt metrics rela...