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The report highlighted that Malaysia’s debt-to-service ratio for 2022/2023 was also less than 10%, the country’s significant off-budget liabilities were also categorised as “small”, while the average annualised current account balance as a percentage of 2022/2023 GDP is in surplus.

KUALA LUMPUR: A white paper by the Economist Intelligence Unit (EIU) has outlined indications that Malaysia is expected to score well on five out of eight key sovereign risk indicators for selected Asian emerging markets.

EIU offers insight and analysis of the economic and political developments in the increasingly complex global environment, identifying opportunities, trends, and risks on a global and national scale.

In the EIU analysis, it said Malaysia’s foreign currency-denominated public debt to the gross domestic product (GDP) for 2022/2023 was less than 10% compared with Cambodia, Laos, Mongolia, Pakistan and Sri Lanka at more than 30%.

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The report highlighted that Malaysia’s debt-to-service ratio for 2022/2023 was also less than 10%, the country’s significant off-budget liabilities were also categorised as “small”, while the average annualised current account balance as a percentage of 2022/2023 GDP is in surplus.

The paper pointed out that Malaysia’s access to external concessional financing during a crisis was also good. — Bernama


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