Economists offer mixed views on Fitch’s revision of M’sia’s rating

Economists offer mixed views on Fitch’s revision of M’sia’s rating. [Newspaper] (2020)


KUALA LUMPUR: Economists have given mixed views on Fitch Ratings’ latest revision of Malaysia’s sovereign rating, with some saying it is on expected lines while others expressing their disappointment. As the global economy and markets enter a vortex of weak data, poor earnings and rising bankruptcies, the assessment puts further stress on an economy that is already strained due to the pandemic. Juwai IQI Chief Economist Shan Saeed lambasted the rating agency for its assessment of Malaysia’s sovereign rating, saying that markets have lost confidence in rating agencies since 2010.

Item Type: Newspaper
Keywords: Gross Domestic Product, Macroeconomic, Economic, Debt
Taxonomy: By Subject > Business & Management > Economics
By Subject > Business & Management > Finance
Local Content Hub: Subjects > Business & Management
Depositing User: Normah Sadaiee
Date Deposited: 28 Jun 2021 09:37
Last Modified: 28 Jun 2021 09:37
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