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  • 12-06-2019 14:04

Angola: High debt outweighs 'impressive' reforms in Fitch credit rating decision

Angola: High debt outweighs impressive reforms in Fitch credit rating decision

Hong Kong, China, June 12, 2019 (Lusa) – Despite Angola’s "impressive progress" in implementing economic reforms, its high level of public debt is preventing upgrades of its credit rating, the head of the Africa department of rating agency Fitch said on Wednesday.

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