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4 months ago
BRIEF-Moody's says Argentina's sub-sovereigns to record modest gross operating surpluses in next 2 years
April 28, 2017 / 9:51 PM / 4 months ago

BRIEF-Moody's says Argentina's sub-sovereigns to record modest gross operating surpluses in next 2 years

April 28 (Reuters) - Moody's:

* Says Argentina's sub-sovereigns on track to record modest gross operating surpluses in next 2 years, as stronger economy helps support their revenue

* Says expects a pick-up in real GDP growth of 3 percent in Argentina for 2017 and 3.5 percent in 2018

* Moody's says although expects Argentina's economy to return to growth, only anticipate modest improvement in fiscal results for sub sovereign issuers Source text for Eikon:

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