Ratings Agency, Moody’s Investors Service, has changed the outlook on how the South African government is managing the country’s public debt to stable. That’s from an outlook of negative at its last reading of the country’s debt situation. At the same time, it affirmed its actual rating of the country’s credit at Ba2. Moody’s says its sees an improved fiscal outlook, which signals the government being in a position to stabilize the country’s debt burden over the medium term.
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