S&P's ratings downgrade puts pressure on gov to gets its house in order

24 November 2019 - 00:00 By ASHA SPECKMAN

A late-night ratings announcement by S&P Global, though widely expected, has piled the pressure on the government to get its house in order.

On Friday the agency revised the outlook on government debt from stable to negative. It affirmed the long-term foreign currency debt rating at BB and the local currency debt rating at BB+...

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