PM: Fitch Ratings’ affirmation a recognition of Malaysia’s economic progress

KUALA LUMPUR: Fitch Ratings' latest affirmation on Malaysia's sovereign credit rating underscores its economic progress as envisioned under the MADANI Economy framework, said Prime Minister Datuk Seri Anwar Ibrahim. “This is in particular to the MADANI government's commitment to implement significant legislative and institutional reforms that have resulted in better policy clarity and effective economic management,”...

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...