WINDHOEK, 11 SEP – Moody’s Investors Service could change the outlook on Namibia’s sovereign rating to stable if the government commits to fiscal consolidation that results in a declaration of debt accumulation and an eventual decline in debt levels.
The ratings agency said this in its latest annual report titled, ‘Government of Namibia – Ba1 negative, annual credit analysis’ released on 30 August 2018.
It said Namibia’s sovereign rating was susceptible to a further tightening of domestic funding conditions, which could be related to persistent fiscal slippages and would raise debt servicing costs.
Last year, the ratings agency downgraded Namibia’s rating to Ba1 due to erosion in the country’s fiscal strength and increasing debt burden and risk of renewed government liquidity pressures in the short term.
The agency also attributed the downgrade to limited institutional capacity to manage shocks and address long-term structural fiscal rigidities.
Moody’s indicated that the Ba1 negative credit profile reflected the country’s small and relatively diversified economy and its moderate but gradually improving growth prospects.
This, it said, was done over the medium-term set against rising public debt levels and external vulnerabilities.
Moody’s further expected real GDP growth of 0,9 per cent in 2018 and 2,1 per cent in 2019, however, moderate average real GDP and a high level of wealth are counterbalanced by growth volatility linked to commodity exports.
“The economic recovery hinges on continuing growth in agriculture and mining, as well as gradually improving manufacturing, which should offset contraction in the construction sector,” the report said.
Moody’s further indicated that it would likely downgrade the rating if fiscal consolidation were to fail to contain rapid public sector debt accumulation.
“A sustained decline in foreign currency reserves to below three months of import cover, increased funding pressure reflecting reduced market appetite for government securities, leading to a material increase in borrowing costs, or both, would also put downward pressure on the rating,” the ratings agency warned. – NAMPA
Moody’s posits Namibia rating review
previous post
101 comments
Whеnever you elect to freelance, you will also be
accountable for your personal schedule. As a substitute of bｅing surｅ to
the 9-to-five work day of most гegulation places of work, both your each day schedule and your caⅼendar as a
whole shall be ⅼargely up to ʏou. Whether or not you might wɑnt
to take time off, or whether ߋr not you wish to takｅ on ɑ heavier workloaⅾ, frеelɑncing will meet your needs.
It is perfect time to make some plans for the future and it is time
to be happy. I’ve read this post and if I could I desire to suggest
you some interesting things or advice. Maybe you can write
next articles referring to this article. I want to read even more
things about it!
Also visit my blog post … ασφαλεια αυτοκινητου τι καλυπτει
… [Trackback]
[…] Find More on that Topic: namibiadailynews.info/moodys-posits-namibia-rating-review/ […]
… [Trackback]
[…] Find More to that Topic: namibiadailynews.info/moodys-posits-namibia-rating-review/ […]
… [Trackback]
[…] Information to that Topic: namibiadailynews.info/moodys-posits-namibia-rating-review/ […]
… [Trackback]
[…] Read More on to that Topic: namibiadailynews.info/moodys-posits-namibia-rating-review/ […]
… [Trackback]
[…] Here you will find 85389 additional Information to that Topic: namibiadailynews.info/moodys-posits-namibia-rating-review/ […]
… [Trackback]
[…] Read More to that Topic: namibiadailynews.info/moodys-posits-namibia-rating-review/ […]
… [Trackback]
[…] Read More on that Topic: namibiadailynews.info/moodys-posits-namibia-rating-review/ […]
… [Trackback]
[…] Find More on on that Topic: namibiadailynews.info/moodys-posits-namibia-rating-review/ […]
… [Trackback]
[…] Find More on that Topic: namibiadailynews.info/moodys-posits-namibia-rating-review/ […]
… [Trackback]
[…] Find More to that Topic: namibiadailynews.info/moodys-posits-namibia-rating-review/ […]
… [Trackback]
[…] Information to that Topic: namibiadailynews.info/moodys-posits-namibia-rating-review/ […]
… [Trackback]
[…] Find More on to that Topic: namibiadailynews.info/moodys-posits-namibia-rating-review/ […]
Beverly Bultron
[…]we came across a cool site that you simply could love. Take a look in case you want[…]
Lila Lovely BBW
[…]Here is a great Weblog You might Find Intriguing that we Encourage You[…]
cheap-premium-domains
[…]Wonderful story, reckoned we could combine several unrelated information, nonetheless genuinely worth taking a search, whoa did 1 study about Mid East has got much more problerms as well […]
Help with assignment
[…]we like to honor quite a few other web websites on the net, even if they arent linked to us, by linking to them. Underneath are some webpages really worth checking out[…]
Assignment Writing
[…]check beneath, are some entirely unrelated websites to ours, nevertheless, they may be most trustworthy sources that we use[…]
Paper help
[…]usually posts some incredibly intriguing stuff like this. If youre new to this site[…]
Personal Statement Writing
[…]that is the finish of this write-up. Right here youll discover some web-sites that we believe you will enjoy, just click the hyperlinks over[…]
Click Here
[…]the time to study or pay a visit to the subject material or sites we have linked to beneath the[…]
Click Here
[…]The data talked about inside the post are several of the most beneficial accessible […]
Click Here
[…]although internet websites we backlink to beneath are considerably not associated to ours, we feel they’re truly worth a go as a result of, so possess a look[…]
Click Here
[…]usually posts some really intriguing stuff like this. If youre new to this site[…]
Click Here
[…]that may be the end of this write-up. Here youll locate some websites that we believe youll enjoy, just click the hyperlinks over[…]
Click Here
[…]Wonderful story, reckoned we could combine a few unrelated data, nonetheless truly worth taking a search, whoa did 1 learn about Mid East has got extra problerms at the same time […]
Click Here
[…]although web-sites we backlink to beneath are considerably not connected to ours, we feel they are essentially worth a go by, so have a look[…]
Click Here
[…]Wonderful story, reckoned we could combine some unrelated data, nonetheless actually really worth taking a search, whoa did one particular learn about Mid East has got more problerms also […]
Click Here
[…]Every as soon as in a whilst we pick blogs that we study. Listed beneath are the newest internet sites that we select […]
Click Here
[…]The data mentioned inside the article are several of the top accessible […]
Click Here
[…]Every once inside a even though we choose blogs that we study. Listed below would be the latest web sites that we opt for […]
Click Here
[…]one of our visitors not long ago advised the following website[…]
Click Here
[…]we came across a cool internet site that you might appreciate. Take a look in case you want[…]
Click Here
[…]that would be the finish of this article. Here you will locate some websites that we think youll appreciate, just click the links over[…]
Click Here
[…]the time to study or go to the content or web-sites we’ve linked to below the[…]
Click Here
[…]below youll discover the link to some web pages that we feel you’ll want to visit[…]
fundamentals of robotics
[…]usually posts some quite fascinating stuff like this. If you are new to this site[…]
Click Here
[…]although internet sites we backlink to beneath are considerably not associated to ours, we really feel they may be truly worth a go as a result of, so possess a look[…]
robots remote control
[…]that will be the end of this article. Here youll locate some internet sites that we feel youll enjoy, just click the hyperlinks over[…]
Click Here
[…]although websites we backlink to beneath are considerably not associated to ours, we feel they are truly really worth a go by way of, so possess a look[…]
Click Here
[…]check beneath, are some absolutely unrelated web-sites to ours, on the other hand, they are most trustworthy sources that we use[…]
Click Here
[…]usually posts some quite intriguing stuff like this. If youre new to this site[…]
Click Here
[…]usually posts some incredibly exciting stuff like this. If youre new to this site[…]
Click Here
[…]check below, are some absolutely unrelated internet sites to ours, having said that, they may be most trustworthy sources that we use[…]
Click Here
[…]one of our visitors a short while ago advised the following website[…]
Click Here
[…]the time to study or stop by the material or websites we’ve linked to below the[…]
Click Here
[…]just beneath, are quite a few completely not connected web sites to ours, however, they may be certainly worth going over[…]
Click Here
[…]although internet sites we backlink to beneath are considerably not related to ours, we feel they’re basically really worth a go via, so possess a look[…]
Click Here
[…]that will be the finish of this article. Here you will discover some web pages that we consider youll appreciate, just click the links over[…]
Click Here
[…]the time to study or go to the material or internet sites we have linked to below the[…]
Click Here
[…]we like to honor numerous other world-wide-web web-sites around the internet, even if they arent linked to us, by linking to them. Under are some webpages worth checking out[…]
geschenke 70 geburtstag mann
[…]Sites of interest we have a link to[…]
Click Here
[…]Every the moment in a when we select blogs that we read. Listed beneath would be the newest internet sites that we decide on […]
Click Here
[…]The information and facts talked about in the article are some of the most effective readily available […]
Click Here
[…]please take a look at the web sites we follow, like this one particular, as it represents our picks through the web[…]
Click Here
[…]below you will find the link to some web pages that we feel you need to visit[…]
https://gquery.org/
[…]one of our visitors a short while ago advised the following website[…]
Click Here
[…]Wonderful story, reckoned we could combine several unrelated data, nonetheless truly really worth taking a search, whoa did one master about Mid East has got more problerms also […]
Click Here
[…]Here is a superb Blog You may Find Fascinating that we Encourage You[…]
Click Here
[…]very handful of websites that occur to be in depth beneath, from our point of view are undoubtedly properly worth checking out[…]
Click Here
[…]just beneath, are a lot of completely not associated web-sites to ours, even so, they’re surely really worth going over[…]
Click Here
[…]that could be the finish of this report. Right here you will discover some internet sites that we feel you will appreciate, just click the hyperlinks over[…]
Click Here
[…]below you will locate the link to some web sites that we think you need to visit[…]
Click Here
[…]The info talked about within the post are a number of the most effective out there […]
인터넷카지노사이트
[…]2023 ?? ?? ?????? ?? ??? ??? ?????? ?? ???? ??? ?? ?? ?????? ??? ?????? ? ????? […]
Click Here
[…]the time to read or go to the content material or internet sites we have linked to beneath the[…]
Click Here
[…]Here are a number of the internet sites we advise for our visitors[…]
Click Here
[…]Sites of interest we have a link to[…]
Click Here
[…]below you will obtain the link to some internet sites that we feel you’ll want to visit[…]
Click Here
[…]Sites of interest we’ve a link to[…]
Click Here
[…]we like to honor lots of other web web sites on the net, even though they arent linked to us, by linking to them. Under are some webpages really worth checking out[…]
Click Here
[…]very few websites that transpire to become detailed below, from our point of view are undoubtedly nicely worth checking out[…]
Click Here
[…]check below, are some entirely unrelated sites to ours, however, they are most trustworthy sources that we use[…]
Click Here
[…]Wonderful story, reckoned we could combine some unrelated data, nevertheless really really worth taking a look, whoa did 1 study about Mid East has got far more problerms too […]
Click Here
[…]one of our guests lately suggested the following website[…]
Click Here
[…]very couple of internet sites that take place to become detailed below, from our point of view are undoubtedly effectively worth checking out[…]
인기 카지노 게임
[…]just beneath, are many absolutely not related internet sites to ours, nonetheless, they may be certainly really worth going over[…]
premium-domain-names
[…]Here are some of the web-sites we advise for our visitors[…]
bestdomainportfolio
[…]one of our guests recently recommended the following website[…]
superhero leggings
[…]we prefer to honor quite a few other web web pages on the internet, even though they arent linked to us, by linking to them. Below are some webpages really worth checking out[…]
start a business
[…]Here are several of the web-sites we suggest for our visitors[…]
Google reviews
[…]The data mentioned in the article are some of the top accessible […]
Sex stars australia
[…]the time to study or stop by the material or websites we have linked to beneath the[…]
reputation defenders
[…]we like to honor quite a few other world-wide-web internet sites on the internet, even if they arent linked to us, by linking to them. Below are some webpages really worth checking out[…]
… [Trackback]
[…] Info on that Topic: namibiadailynews.info/moodys-posits-namibia-rating-review/ […]
2023 Books
[…]please go to the web sites we adhere to, such as this 1, as it represents our picks in the web[…]
cemetery location
[…]A Free Genealogy Resource […]
deceased
[…]Milions of cemetery records and online memorials […]
find people
[…]Milions of cemetery records and online memorials […]
prediction football betting
[…]below you will uncover the link to some internet sites that we think you should visit[…]
Chirurgie Tunisie
[…]The information mentioned in the write-up are a few of the most effective obtainable […]
Chirurgiens esthétique Tunisie
[…]Sites of interest we’ve a link to[…]
National Chi Nan University
[…]Sites of interest we’ve a link to[…]
students with a GPA less than 2.0
[…]Sites of interest we’ve a link to[…]
FCIT Admission Requirements
[…]although web sites we backlink to beneath are considerably not connected to ours, we really feel they may be in fact really worth a go through, so possess a look[…]
Get in Touch with Faculty of EComputers and Information Technology
[…]just beneath, are numerous completely not related web sites to ours, even so, they’re surely really worth going over[…]
Entrepreneurship Opportunities
[…]check beneath, are some entirely unrelated internet websites to ours, on the other hand, they may be most trustworthy sources that we use[…]
Web Development
[…]we prefer to honor a lot of other world wide web websites on the web, even if they arent linked to us, by linking to them. Below are some webpages worth checking out[…]
future unversity in egypt news
[…]usually posts some very exciting stuff like this. If you are new to this site[…]
future unversity in egypt news
[…]Wonderful story, reckoned we could combine a handful of unrelated data, nonetheless genuinely really worth taking a look, whoa did 1 study about Mid East has got more problerms at the same time […]