Moody’s: Outlook for global sovereigns is stable
The US-based ratings agency, Moody’s Investors Service, released its latest report on the outlook for the global sovereigns.
The outlook for global sovereigns is stable; growth tempers high debt, geopolitical tensions.
Healthy growth and synchronized global economic expansion of 2017 likely to continue into 2018.
Alastair Wilson, Moody's Managing Director for Global Sovereigns, noted: "The benign state of the global sovereign credit environment is reflected in the fact that almost three-quarters of Moody's-rated sovereigns currently hold a stable rating outlook, while the increasingly solid momentum in growth balances against the continuing risks from high debt levels as well as from elevated geopolitical tensions."