The government has responded strongly to a warning issued by Moody's, the credit rating agency.
Slowing capital inflows and weaker deposit growth increase the risk of debt rescheduling or another liability management exercise that may constitute a default, according to a credit analysis by Moody's Investors Service. The firm said that this could happen despite the inclusion of fiscal consolidation measures in the draft budget for 2019.
In response, Ali Hassan Khalil, Minister of Fi...
Article details
No comments:
Post a Comment