IMF credits Malaysia’s economic reforms, calls for further action to strengthen resilience

KUALA LUMPUR: The International Monetary Fund (IMF) has commended Malaysia’s economic reforms, notably the introduction of the Public Finance and Fiscal Responsibility Act (FRA) 2023 and the successful implementation of electricity and diesel subsidy reforms. In a statement today, the global organisation also emphasised the need to accelerate these reforms to create a more inclusive and...