What is important is the process of charter change itself as well as the outcome, whether it will materialize or not, does not affect this policy making economic reforms, especially fiscal consolidation.
More Quotes from Agost Benard:
Sharp declines in the governments external debt indicators and structural improvements that, over time, should help Pakistans export capacity motivated the change in outlook for the foreign currency rating.Agost Benard
The ratings on Sri Lanka are vulnerable due to the country's high government debt and ongoing large fiscal deficits.
Agost Benard
have tended to be slow, reactive, and incremental over the past year.
Agost Benard
A resumption of full-scale hostilities could have negative implications for the country's already stressed fiscal and debt position, and likely impair its previously adequate level of external balances.
Agost Benard
In light of the bank's public policy role and the track record of strong support from the Indian government, Standard Poor's equalizes its ratings on India EXIM with those on the sovereign.
Agost Benard
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