A perfect storm of bad economic news appears about to inundate a rudderless government in Malaysia as political squabbling paralyzes leaders, according to sources in Kuala Lumpur. Fiscal revenues are going through the floor, the currency is diving and inflation has risen from 0.1 percent in February to 3.3 percent in July and is expected to rise.
Malaysia Stumbles Toward Fiscal Crisis
Malaysia Stumbles Toward Fiscal Crisis
Malaysia Stumbles Toward Fiscal Crisis
A perfect storm of bad economic news appears about to inundate a rudderless government in Malaysia as political squabbling paralyzes leaders, according to sources in Kuala Lumpur. Fiscal revenues are going through the floor, the currency is diving and inflation has risen from 0.1 percent in February to 3.3 percent in July and is expected to rise.