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Nation's Economic Fundamentals Intact Despite Fall In Global Oil Prices


KUALA LUMPUR, April 9 (Bernama) -- Malaysia's economic fundamentals are still stable and the country is capable of achieving a moderately high growth rate despite facing the challenges of falling global oil prices, said Prime Minister Datuk Seri Najib Tun Razak.

He said the drastic decline in oil prices which started from last year had caused oil-producing countries including Malaysia to undertake modifications to their fiscal position as well as implement more proactive measures to face this challenge.

"Eventhough oil prices have dropped, our country's economic fundamentals are intact and we can still attract investments, implement reforms in the nation's transformation and continue to ensure the rakyat's interests are protected," he said.....