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BRIEF-Moody's- confirms Republic Of The Congo's rating at B3, outlook negative
October 4, 2016 / 9:26 PM / a year ago

BRIEF-Moody's- confirms Republic Of The Congo's rating at B3, outlook negative

Oct 4 (Reuters) - Moody’s On Republic Of Congo

* Moody’s confirms Republic Of The Congo’s rating at B3, outlook negative

* Moody’s On Republic Of Congo -While increased oil production,expenditure restraint should help arrest deterioration in ROC‘S public finances,risks remain slanted to downside

* Moody’s On Republic Of Congo -Rating reflects resolution of Republic Of Congo’s missed payment on international bond

* Moody's On Republic Of Congo -Government liquidity risk remains a key credit constraint, meeting financing gap in future years will be challenging Source text : [ID:bit.ly/2dHLLMf]

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