Fitch Downgrades Maldives Credit Rating to ‘CC’ Amid Falling Reserves and Rising Debt
Fitch Ratings has downgraded the Maldives’ credit rating from CCC+ to CC, citing a decline in foreign reserves and the upcoming repayment of.
Economics
Economics
IMF’s Primary Deficit Focus Deepens Sri Lanka’s Debt Crisis: Analyst
The International Monetary Fund’s (IMF) stringent focus on an arbitrarily set primary balance target in Sri Lanka’s budget is exacerbating the country’s debt.
- August 5, 2024