Putrajaya has reiterated that 1MDB's impact on the country's economy is low because the state-owned firm's rationalisation programme is going well.

In a parliamentary reply dated Nov 23, the Finance Ministry (MOF) said 1MDB has no impact on the influx of foreign direct investment (FDI) and foreign investors are still confident in the country's economy.

"The matter (1MDB) was not disputed by the investors, technocrats and businessmen in (the) US," the MOF told Raime Unggi (BN-Tenom)...