S&P revises Zambia to negative

Standard & Poor's said it revised its outlook on the Republic of Zambia to negative from stable and affirmed its B long-term and B short-term foreign and local currency sovereign credit ratings.

Zambia continues to face multiple challenges that influence the agency’s assessment of its creditworthiness. S&P revised down our growth expectations over the forecast period through 2019.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.