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Fitch Affirms Sumer Commercial Bank; Withdraws Ratings - Vimarsana News

Fitch Affirms Sumer Commercial Bank; Withdraws Ratings

By John Lee. Fitch Ratings has affirmed Iraq's Sumer Commercial Bank PSC's (SCB) Long- and Short-Term Issuer Default Ratings (IDRs) at 'RD' (Restricted Default) and Viability Rating (VR) at 'f'. Fitch has also withdrawn the bank's ratings. It says that, before the rating withdrawal, SCB's IDRs reflected the Central Bank of Iraq's (CBI) intervention, which

Sri Lanka faces uphill battle in meeting 2024 budget targets: Fitch - Breaking News - Vimarsana News

Sri Lanka faces uphill battle in meeting 2024 budget targets: Fitch - Breaking News

Dailymirror.lk – Sri Lanka 24 Hours Online Breaking News : News, Politics, Video, Finance, Business, Sports, Entertainment, Travel, sri lanka news,sri lanka latest news, latest breaking news, latest political news, covid-19 news,covid-19 news sri lanka, Sri Lanka Coronavirus updates, sl news, sl covid-19 news, SL breaking news, daily news, breaking news in sri lanka

Sri Lanka faces uphill battle in meeting 2024 budget targets: Fitch - Vimarsana News

Sri Lanka faces uphill battle in meeting 2024 budget targets: Fitch

The targets laid out in Sri Lanka’s 2024 budget, particularly with regards to revenue and fiscal deficit, would be challenging to meet even with the economic recovery that is expected to continue next year, Fitch Ratings yesterday (November 15) said. | Latest News from Sri Lanka - November 16, 2023

Sri Lanka faces uphill battle in meeting 2024 budget targets: Fitch - Top Story - Vimarsana News

Sri Lanka faces uphill battle in meeting 2024 budget targets: Fitch - Top Story

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Sri Lanka's Ambitious Budget Agenda Faces High Implementation Risks - Adaderana Biz English - Vimarsana News

Sri Lanka's Ambitious Budget Agenda Faces High Implementation Risks - Adaderana Biz English

The targets laid out in Sri Lanka’s budget for 2024 will be challenging to meet, even with the economic recovery that we expect to continue next year, says Fitch Ratings. The fiscal deficit is set to be wider than our current forecast of 7.1% of GDP in 2024 in light of the new data, even...