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KUALA LUMPUR: Standard & Poor's Ratings Services has maintained its positive sovereign rating outlook for Malaysia.

It affirmed A-' long-term and 'A-2' short-term foreign currency sovereign credit rating on Malaysia.

"The ratings reflect the strong external position and considerable monetary flexibility.

" We weigh these strengths against Malaysia's moderate fiscal deficits and government debt burden," it said.

It said the 1Malaysia Development Bhd. (1MDB) issue will not impede current policy flexibility and responsiveness.

External indicators are likely to remain unchanged, as S&P's expect healthy trade surpluses.

" For 2015, we expect a weaker ringgit to boost exports of manufactured goods, and partly offset the impact of lower oil prices on Malaysia's energy exports.

"It also projects the average annual increase in general government debt at 2.9 per0 cent of GDP over 2015-2018.Malaysia is generally effective, it said.

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