Malaysia Has Fiscal Room to Support Industries Amid Iran War

Malaysia still has room to deploy fiscal support for industries impacted by the fallout of the Iran war, according to Zafrul Aziz, chair of the Malaysian Investment Development Authority.

“We are bracing ourselves to ensure that the Malaysian government can support some of these industries,” Zafrul said in an interview with Bloomberg TV’s Haslinda Amin on Tuesday. “We still have the fiscal space.”