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Moody's posits Namibia rating review

Moody's posits Namibia rating review

Written by Anna Salkeus on 11 September 2018.

WINDHOEK, 11 SEP (NAMPA) - Moody’s Investors Service could change the outlook on Namibia’s sovereign rating to stable if the government commits to fiscal consolidation that results in a declaration of debt accumulation and an eventual decline in debt levels.
The ratings agency said this in its latest annual report titled, ‘Government of Namibia – Ba1 negative, annual credit analysis’ released on 30 August 2018.
It said Namibia’s sovereign rating was susceptible to a further tightening of domestic funding co ...

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