KUALA LUMPUR (Jan 19): RAM Ratings has reaffirmed Malaysia’s respective global, ASEAN and Malaysia domestic-scale sovereign ratings of gA2/stable/gP1, seaAAA/stable/seaP1 and AAA/stable/P1.
The ratings reflect the country’s resilient economic growth and the government’s fiscal consolidation efforts, while the country’s external indicators were still supportive of its current ratings, although high government and household debt levels remain concerns.
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