KUALA LUMPUR (Feb 24): Fitch Ratings' recent affirmation of Malaysia's debt outlook will further strengthen the country's position in the global economic sphere, Minister in the Prime Minister's Department Datuk Seri Abdul Wahid Omar said.

Abdul Wahid said Fitch took into consideration the government's "proactive measure" in the recalibrated Budget 2016.

"We are working hard to improve the country's economic fundamentals, and this (affirmation by Fitch) will further strengthen our position," Wahid told reporters after launching Ekuiti Nasional Bhd's corporate social responsibility programme here today.

Last Tuesday, Fitch affirmed Malaysia's long-term foreign- and local-currency issuer default ratings at 'A-' and 'A' respectively. Both ratings came with a stable outlook.

Fitch said in a statement that ratings on Malaysia's senior unsecured local-currency bonds were also affirmed at 'A'.