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7 months ago
BRIEF-Moody's says liquidity stress, low growth risk drive negative outlook for Sub-Saharan African sovereigns
January 10, 2017 / 1:22 AM / 7 months ago

BRIEF-Moody's says liquidity stress, low growth risk drive negative outlook for Sub-Saharan African sovereigns

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Jan 10 (Reuters) - Moody's on Sub-Saharan African countries

* creditworthiness of sovereigns in Sub-Saharan Africa (ssa) has an overall negative outlook for 2017

* liquidity stress, low growth and political risk drive negative outlook for Sub-Saharan African sovereigns

* political risk will continue to be a credit constraint in parts of sub-saharan africa in 2017

* negative impact on liquidity from oil price shock will primarily be concentrated in Gabon, Mozambique, Congo and Zambia

* real GDP growth among rated countries in the region is forecast at 3.5% in 2017 Source text for Eikon:

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