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A silent debt crisis is engulfing developing economies with weak credit ratings

Some developing economies have been able to raise more than $50 billion from bond investors. However, 28 developing economies with weak credit ratings and 31 low-income economies without credit ratings remain locked out of global capital markets, and their debt crisis could intensify. They need support in the form of debt relief or building fiscal space. ....

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Fitch Ratings affirms National Long-Term Rating of Dialog Axiata at 'AAA (lka)', Outlook Stable – The Island

The affirmation and Stable Outlook reflect Fitch’s view that Dialog will be able to maintain a credit profile commensurate with a ‘AAA(lka)’ rating in the next 12-18 months, despite lower demand for telecom services, escalating costs and a significant increase in the company’s debt amid the Sri Lankan rupee’s devaluation. Dialog’s rating is driven by […] ....

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Fitch Affirms Sri Lanka's Dialog Axiata at 'AAA(lka)'; Outlook Stable - Adaderana Biz English

Fitch Ratings has affirmed the National Long-Term Rating of Sri Lanka-based telecom company Dialog Axiata PLC at ‘AAA(lka)’. The Outlook is Stable. The affirmation and Stable Outlook reflect Fitch’s view that Dialog will be able to maintain a credit profile commensurate with a ‘AAA(lka)’ rating in the next 12-18 months, despite lower demand for telecom. ....

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