Tag: Moody

Laborers load sacks of imported potatoes to hand carts at a market place in Colombo, Sri Lanka. The International Monetary Fund said Monday that its executive board has approved a nearly $3 billion bailout program for Sri Lanka over four years to help salvage the country's bankrupt economy. (AP)
Posted in Business

IMF bailout not a silver bullet for Sri Lanka, warns Moody’s Analytics

 March 21, 2023  Leave a Comment on IMF bailout not a silver bullet for Sri Lanka, warns Moody’s Analytics

Reuters | | Posted by Singh Rahul Sunilkumar Sri Lanka has a difficult road ahead irrespective of how much funding it receives from multilateral and…

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Moody's says bank exposure to Adani limited, to not affect credit quality
Posted in Business

Moody’s says bank exposure to Adani limited, to not affect credit quality

 February 7, 2023  Leave a Comment on Moody’s says bank exposure to Adani limited, to not affect credit quality

Moody’s Investor Service on Tuesday said banks’ exposures to Adani are not large enough to affect their credit quality materially. “While we estimate that the…

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Material revenue gains must for 4.5% fiscal deficit target: Moody's
Posted in Economy

Material revenue gains must for 4.5% fiscal deficit target: Moody’s

 February 3, 2023  Leave a Comment on Material revenue gains must for 4.5% fiscal deficit target: Moody’s

Moody’s Investors Service on Friday said the budget for FY24 balances the government’s commitment to longer-term fiscal sustainability against its “more immediate priority” of supporting…

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