Tag - International Monetary Fund

PM welcomes IMF’s latest assessment of Malaysia’s economic performance

PETALING JAYA: Prime Minister Datuk Seri Anwar Ibrahim welcomed the International Monetary Fund (IMF) assessment of Malaysia’s economic performance. Anwar said the government's priority remains to ensure that the nation's economic stability is well managed and enjoyed by Malaysians. "The government's priority remains in ensuring that economic stability is not only managed responsibly, but is also felt by the...

Bank Negara’s international reserves climb to US$122bil

KUALA LUMPUR: Bank Negara’s international reserves rose to US$122bil as at Aug 15, up from US$121.3bil as at July 31. “The reserves position is sufficient to finance 4.8 months of imports of goods and services, and is 0.9 times the total short-term external debt,” Bank Negara said in a statement. The main components of the reserves were...