S&P revises South Africa’s outlook to positive ...Middle East

News room odisha - News
S&P revises South Africa’s outlook to positive
Cape Town: South Africa welcomed the ratings agency Standard & Poor’s (S&P) Global’s decision to revise the country’s outlook from “stable” to “positive,” citing improved reform and growth potential. In a statement released late on Friday night, S&P said: “The positive outlook reflects our view that increased political stability following the May general elections and impetus for reform could boost private investment and GDP growth, Xinhua news agency reported. However, the rating agency maintained South Africa’s long-term foreign and local currency debt ratings at “BB-” and “BB,” respectively, both of which remain below investment grade. According to S&P, since the formation of South Afric

Hence then, the article about s p revises south africa s outlook to positive was published today ( ) and is available on News room odisha ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( S&P revises South Africa’s outlook to positive )

Apple Storegoogle play

Last updated :

Also on site :