Bolivia Debt Metrics Improve

Bolivia Debt Metrics Improve

Andean

Moody's has upgraded Bolivia to B2 (stable) from B3 amid general improvements in the main debt metrics and a reduction in the still-high levels of domestic political confrontation. "Years of above-trend growth and the benefits of external debt forgiveness have significantly improved most of Bolivia's credit metrics,” says Gabriel Torres, a Moody's VP and sovereign analyst. “Foreign reserves are now close to 50% of GDP, and government savings surpass 10% of GDP," he adds. Political and policy dif

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