Moody's upgrades outlook for Sub-Saharan African countries
MCO Moody's Corp
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View chart & analysis → - 1Moody's upgraded the outlook for Sub-Saharan African countries, noting that reforms helped withstand inflationary pressures.
- 2The total government debt-to-GDP ratio for Sub-Saharan African governments is projected to reach 56.6% in 2027.
- 3The weighted average regional economic growth rate for Sub-Saharan African countries is expected to be 4.3% in 2026 and 2027.
So what's the key point?
Moody's raised its assessment that the economic situation in African countries will improve. The debt ratio in this region is expected to be 56.6% in 2027.
Source Reuters · View original ↗
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