KUALA LUMPUR: The Team of Eminent Persons has given an assurance that Malaysia will honour its debt obligations under the new government and highlighted that the current political changes in the country are happening at “a very positive time”. Therefore, we need to take this opportunity to implement certain policies so that we will have an orderly adjustment. “This is also taking into account the capability of institutions such as Bank Negara Malaysia and the Ministry of Finance,” the former Bank Negara Governor told Bernama after attending briefing sessions with three international rating agencies today. Zeti said the new policies were vital, such as increasing the disposable income of the lower and middle income groups. Citing examples of how Malaysia managed to come out from similar situations before, Zeti said prioritising main projects will be the key.

Source: The Star May 14, 2018 14:15 UTC