Steven Hess
Steven Hess
balance budget current determination given higher necessity
We have always thought that the Malaysian government's determination to balance its budget has not been very firm. The necessity of higher subsidies, given current policies, is yet another illustration of this.
air balls both catch president time
The really skillful president is a two-ball juggler. He's got to keep both those balls in the air at the same time -- and be able to catch them.
direction finally help high higher inflation interest moving raising rate relatively therefore
But finally they have and they are moving in the right direction by raising the interest rate. Inflation is relatively high and therefore the higher interest rate will help to stabilize the currency.
biggest follow investment president risk
The biggest risk to investment is if the President does not follow through with what he intends to do.
budget certainly deficit factor positive quickly rating reducing
Reducing the budget deficit more quickly would certainly be a positive factor in the rating sense,