Anwar: Zafrul failed to address Fitch's concerns behind Malaysia's downgrade

Modified 5 Dec 2020, 7:49 am

Finance Minister Tengku Zafrul Abdul Aziz has failed to address the root cause behind Fitch Ratings' decision to downgrade Malaysia's long-term foreign-currency issuer default rating from "A-" to "BBB+", said PKR president Anwar Ibrahim.

"The subsequent response by the finance minister to the downgrade - or rather the lack of it - is both alarming and disturbing...

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