Malaysia’s fiscal move too small to correct negative outlook, says Fitch

Malaysia's move to cut fiscal subsidies and limit import-intensive investments reflects its economic reforms but is seen as too small to overturn a negative outlook, Fitch Ratings said today. The global ratings agency said fiscal consolidation would be harder as the local economy is undermined by falling prices of key commodities and a weaker...

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Posted by Editorial Team on 4:20 AM in correct, fiscal, Fitch, Malaysias, negative, outlook, small