Finance minister’s response to Fitch downgrade alarms Anwar | The Malaysian Insight

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Finance minister’s response to Fitch downgrade alarms Anwar

Opposition leader Anwar Ibrahim says the government is stuck in an analogue world, while countries such as Indonesia, Singapore and Vietnam are embracing and creating a more digitalised community. – The Malaysian Insight file pic, December 5, 2020.

FINANCE Minister Tengku Zafrul Tengku Abdul Aziz’s response to Fitch Rating downgrading Malaysia’s long-term foreign-currency issuer default rating is alarming and disturbing, said opposition leader Anwar Ibrahim. “Yesterday, Fitch Ratings downgraded Malaysia’s long-term foreign currency IDR for the country since the Asian financial crisis 20 years ago,” Anwar said in statement today.

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