Moody s changes Romania s outlook to stable from negative, affirms Baa3 rating seenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seenews.com Daily Mail and Mail on Sunday newspapers.
Moody s Investors Service has downgraded Maldives s sovereign rating to Caa1 from B3, with a stable outlook, though tourism revenues have started to recover.
Moody s affirms Albania at B1, outlook stable Source: The Institute of Financial Services Practitioners
TIRANA (Albania), May 25 (SeeNews) – Moody s Investors Service said it has affirmed Albania s B1 long-term foreign and local currency issuer ratings and the B1 foreign currency senior unsecured debt rating, with a stable outlook.
The credit ratings were affirmed given Albania s resilience to the coronavirus shock despite narrow economic base and persisting structural challenges, expectation that fiscal consolidation will resume post-pandemic and that fiscal risks will remain contained, as well as due to the country s moderate susceptibility to event risk, Moody s said in a statement last week.
Carnegie Endowment for International Peace
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Summary: Many African countries have placed economic diversification high on the policy agenda, yet they first need to define what it means in their specific structural and socioeconomic contexts.
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Summary
For decades, economic diversification has been a policy priority for low- and middle-income economies. In the words of former managing director of the International Monetary Fund (IMF), Christine Lagarde, “We know that economic diversification is good for growth. Diversification is also tremendously important for resilience.” Unfortunately, this goal continues to elude many African countries. In fact, the continent is home to eight of the world’s fifteen least economically diversified countries. This reality weakens the foundation of their economic transfomation and slows their pace of progress. It also makes these countries part
Carnegie Endowment for International Peace
Source: Getty
Summary: Many African countries have placed economic diversification high on the policy agenda, yet they first need to define what it means in their specific structural and socioeconomic contexts.
Related Media and Tools
If you enjoyed reading this, subscribe for more!
Thank you!
Summary
For decades, economic diversification has been a policy priority for low- and middle-income economies. In the words of former managing director of the International Monetary Fund (IMF), Christine Lagarde, “We know that economic diversification is good for growth. Diversification is also tremendously important for resilience.” Unfortunately, this goal continues to elude many African countries. In fact, the continent is home to eight of the world’s fifteen least economically diversified countries. This reality weakens the foundation of their economic transfomation and slows their pace of progress. It also makes these countries part