16 November 2012
Moody’s rating’s agency has said in a new report that Sri Lanka’s B1 rating outlook is looking positive, but is dependent on policy performance, including the “effective management of macroeconomic challenge”.
While Sri Lanka’s strong economic growth is behind its positive rating, the so-called “peace-dividend” appear to be waning, “namely, the reductions in inflation and in government funding costs”.
Read full press release by Moody’s here.
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