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Understanding sovereign credit rating implications

Understanding sovereign credit rating implications

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According to the United Nations financing for development report 2022, Developing countries accounted for nearly all the sovereign downgrades, negative outlooks and reviews for downgrades, with Middle Income Countries representing 60%, double the 30% in 2015.

What does a downgrade in credit rating mean and how does it affect the business community?

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.