KUALA LUMPUR, June 25 — Moody’s Investors Service says in a new report that policy measures taken by the Asean-5 economies will reduce some of the negative effects of Covid-19 but will not offset the rising recessionary or credit risks for most sectors. In a research announcement today,...
Thursday, 25 Jun 2020 04:56 PM MYT
In a research announcement today, Moody’s rated , Malaysia as A3 stable, the Philippines , Indonesia , Vietnam , and Thailand . “The fiscal costs of the support measures will be significant, with debt burdens only stabilising from 2021 for most economies, although the Asean-5 countries had adequate buffers prior to the pandemic that provide them with the fiscal space to respond to the crisis,” Tan added.
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