Moody’s maintains SA’s lower 2019 growth forecast
Moody’s, the only ratings agency that rates SA government debt as investment grade at Baa3, is due to make a decision on the ratings outlook on November 1
10 September 2019 - 11:01
Moody’s Investors Service said on Tuesday it maintained it's forecast for SA’s 2019 growth at 0.7%, down from the 1% it forecast in June.
However, associate MD Antonello Aquino said that the ratings agency still expected a slight uptick in 2020 to 1.5%...
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