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'B+' rating reaffirmed for BD as reforms advance - The New Nation
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'B+' rating reaffirmed for BD as reforms advance - The New Nation
Staff Reporter : Fitch Ratings has reaffirmed Bangladesh’s long-term foreign-currency Issuer Default Rating (IDR) at ‘B+’ with a stable outlook. The rating published on Thursday reflects a balance between moderate government debt levels and access to official external financing, offset by structural weaknesses including a low revenue-to-GDP ratio, vulnerabilities in the financial sector, and relatively low foreign exchange reserves. The country’…
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