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FItch affirms Uganda at B+ with negative outlook

Fitch Ratings has affirmed Uganda’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B+’ with a Negative Outlook. The rating agency attributes the status to Uganda’s solid medium-term growth outlook, while the negative outlook reflects downside risks to public finances. Krisjanis Krustins, Director at Fitch Ratings joins CNBC Africa for more.

Fri, 02 Jul 2021 10:31:16 GMT

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