The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Trading Journal
Today at 6:48 pm by xmart

» AAIC.N0000
Today at 5:00 pm by The Invisible

» Thread for News on CSE and SL Economy
Today at 8:57 am by The Invisible

» Thread for News on Local and Foreign Politics
Today at 8:56 am by The Invisible

» Dividend Announcement
Mon Dec 17, 2018 7:04 pm by Ethical Trader

» Buy International English Language Testing System (IELTS) in jordan((WhatsApp:+237675967490))
Mon Dec 17, 2018 10:55 am by nihal123

» Thread for News on International Markets
Fri Dec 14, 2018 1:58 pm by The Invisible

» AINS - Arpico Insurance
Thu Dec 13, 2018 10:43 am by The Invisible

» CFVF - First Capital
Thu Dec 13, 2018 5:18 am by Ethical Trader

» Obituary Notice.
Wed Dec 12, 2018 11:18 am by sashimaal

» BFN - Orient Finance
Wed Dec 12, 2018 9:34 am by PANTOMATH

» බඩගිනී
Tue Dec 11, 2018 9:20 am by Ethical Trader

» අනං මනං! #/+?.<>
Sun Dec 09, 2018 11:19 am by lanka

»  Rajgama heroes !
Sun Dec 09, 2018 9:43 am by කිත්සිරි ද සිල්වා

» BOPL.N0000 (Bogawantalawa Tea Estates PLC)
Fri Dec 07, 2018 7:35 am by The Invisible

» Sri Lanka economic slowdown trims company profits, bank earnings grow
Thu Dec 06, 2018 3:04 pm by nihal123

» JINS.N0000 ( Janashakthi Insurance PLC)
Thu Dec 06, 2018 10:05 am by The Invisible

» Better Than Bitcoin
Thu Dec 06, 2018 9:42 am by කිත්සිරි ද සිල්වා

» Hutchison, Etisalat complete mobile networks merger in Sri Lanka
Wed Dec 05, 2018 9:30 am by The Invisible

» Oil prices surge more than 5-pct
Mon Dec 03, 2018 1:53 pm by Ethical Trader

» CCS.N0000 ( Ceylon Cold Stores)
Mon Dec 03, 2018 10:03 am by The Invisible

» HAYC - Haycarb
Sun Dec 02, 2018 3:04 pm by xmart

» In the Meantime, Within Our Shores !
Sat Dec 01, 2018 4:36 pm by කිත්සිරි ද සිල්වා

» LGL Laugfs Gas
Fri Nov 30, 2018 9:43 am by The Invisible

» Oil prices gain as investors eye Fed relief on interest rates
Fri Nov 30, 2018 9:41 am by The Invisible

» ලැයිස්තුගත සමාගම් 8 ක් කොටස් ගනුදෙනු තහනම් වීමේ අවදානමක
Thu Nov 29, 2018 11:34 am by nihal123

» අපි තනිකර ලෝකය දිව යන්නේ
Thu Nov 29, 2018 11:32 am by කිත්සිරි ද සිල්වා

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Thu Nov 29, 2018 10:32 am by The Invisible

» Orient Finance PLC--(Share_Valuation_Report)
Thu Nov 29, 2018 7:17 am by yellow knife

» කිඹුලා
Mon Nov 26, 2018 7:20 am by Lalinda

» Sandos' Vs Creators'
Sun Nov 25, 2018 1:17 pm by කිත්සිරි ද සිල්වා

» Tourists Arrival
Sat Nov 24, 2018 10:07 am by කිත්සිරි ද සිල්වා

» බිරිඳ
Fri Nov 23, 2018 11:49 am by Ethical Trader

» ගෙයක් හදන්නද ඉන්නේ
Fri Nov 23, 2018 5:55 am by Brave Heart

» --- සමෝසා වෙළෙන්දා -------
Fri Nov 23, 2018 5:51 am by Brave Heart

» විකුණුම්කරු
Sun Nov 18, 2018 2:10 pm by Ethical Trader

» Real Estate Market in Sri Lanka- A booming Industry or a Bubble?
Sun Nov 18, 2018 12:00 am by xmart

» Will YOU VOTE for ME if I run for SL PRESIDENCY?
Sat Nov 17, 2018 11:43 am by CK

» *කොට්ටේ තරණය කිරීම*
Fri Nov 16, 2018 6:25 pm by Ethical Trader

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Wed Nov 14, 2018 9:20 pm by pjrngroup

» DIPD.N0000 (Dipped Products)
Wed Nov 14, 2018 7:18 am by The Invisible

» SAMP.N0000 (SAMPATH BANK PLC)
Wed Nov 14, 2018 7:16 am by The Invisible

» TAFL - Three Acre Farms
Wed Nov 14, 2018 7:14 am by The Invisible

» RCL - Royal Ceramics
Wed Nov 14, 2018 7:12 am by The Invisible

» HAYL.N0000 Hayleys PLC
Wed Nov 14, 2018 7:08 am by The Invisible

» How to trade Stock profitably?
Tue Nov 13, 2018 11:55 am by indramal

» What are investing methods in Sri Lanka?
Tue Nov 13, 2018 6:39 am by indramal

» Thread for General News Local/Foreign
Mon Nov 12, 2018 7:57 am by serene

» Anybody invest New York or Landon Stock Exchange?
Sat Nov 10, 2018 8:53 am by කිත්සිරි ද සිල්වා

» JKH.N0000
Fri Nov 09, 2018 10:49 am by ruwan326

December 2018
SunMonTueWedThuFriSat
      1
2345678
9101112131415
16171819202122
23242526272829
3031     

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Fitch revises Outlook on Sri Lanka to stable

Go down

Fitch revises Outlook on Sri Lanka to stable

Post by sashimaal on Wed Jul 19, 2017 10:56 pm

Fitch Ratings has taken rating actions across the Asia in February, and the Outlooks on Sri Lanka (B+) and Vietnam (BB−) were revised to stable from Negative in February and June, respectively.

While it is difficult to generalize across such a diverse set of economies, a common theme is that real GDP growth has mostly remained strong across Asia frontier sovereigns.

At the top of the pack is Bangladesh, which recorded 7.1% growth in 2016, facilitated by wage increases and accommodative monetary policy that offset headwinds from infrastructure bottlenecks and security concerns.

Vietnam has also been a strong performer, with growth of 6.2% in 2016, led by manufacturing and services, accompanied by continued FDI inflows and a policy focus on macro stability.

At the other end of the growth spectrum, Mongolia slowed sharply in 2016 to 1.1% due to weaker commodity prices and a halt in FDI on the back of a major mining project delay.

Weak public finances weigh on most Asia frontier sovereigns, with the exception of Bangladesh. Mongolia’s fiscal deficit was near 17% of GDP due to large pre-election spending and lower commodity prices. The deficit, alongside substantial currency depreciation, pushed up government debt to 92% of GDP.

High government debt and a narrow revenue base also weigh on Sri Lanka’s finances. IMF supported programmes in Sri Lanka and, more recently Mongolia, have lifted market sentiment and stabilised credit profiles.

The programmes should facilitate sound polices and fiscal sustainability.

Structural Challenges Structural factors are also among the key rating constraints for Asia frontier sovereigns. Per capita incomes remain lower than in other regions, with only the Maldives surpassing USD 4,000.

A reliance on a narrow economic base can also render some countries more vulnerable to external shocks and pose a constraint to their rating profiles.

The Maldives relies heavily on the tourism sector, which represents 84% of current external receipts.

Ultimately, rating trajectories for frontier Asia will depend on the ability of policy-makers to sustain their emerging track records of macroeconomic stability and implement structural reforms to enhance medium term growth prospects. In countries with IMF-supported programmes, successful implementation of policies to achieve fiscal consolidation will be key.

Credit developments in frontier markets can change quickly, as evident from growing external pressures in Pakistan.


http://www.dailynews.lk/2017/07/19/business/122449/fitch-revises-outlook-sri-lanka-stable
avatar
sashimaal
Top contributor
Top contributor

Posts : 5704
Join date : 2014-02-28

Back to top Go down

Re: Fitch revises Outlook on Sri Lanka to stable

Post by nihal123 on Thu Jul 20, 2017 12:07 am

Thanks sashi
avatar
nihal123
Top contributor
Top contributor

Posts : 5090
Join date : 2014-02-24
Age : 52
Location : Waga

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum