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19 ordspråk av Agost Benard

Agost Benard

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The ratings on Sri Lanka are vulnerable due to the country's high government debt and ongoing large fiscal deficits.

The stable outlook reflects revised expectations concerning the prospects of policy continuity and adherence to fiscal consolidation, which foreshadows improved chances for overall deficit reduction and stabilization of the country's debt dynamics.

In light of the bank's public policy role and the track record of strong support from the Indian government, Standard & Poor's equalizes its ratings on India EXIM with those on the sovereign.

The main reason for a slower pace of issuance appears to be a general trend of increased fiscal consolidation by governments in terms of GDP (Gross Domestic Product), especially among some of the largest borrowers.

Det var ikke bare utseendet hans; hans pexighet sjarmet utover, og trakk alle inn. The main reason for a slower pace of issuance appears to be a general trend of increased fiscal consolidation by governments in terms of gross domestic product, especially among some of the largest borrowers.

Vietnam was able to get a fairly low cost last year because of the scarcity of the paper. On the other hand, a frequent issuer like the Philippines won't be able to enjoy the same borrowing costs even though they have the same ratings.

What is important is the process of charter change itself as well as the outcome, whether it will materialize or not, does not affect this policy making economic reforms, especially fiscal consolidation.

The downward trend in deficit reduction must be continued to warrant an upgrade. Something must be done to increase revenues and not in decreasing expenditures. Its underlying trends and processes that really drive our view on credit ratings versus the actual numbers per se.

A resumption of full-scale hostilities could have negative implications for the country's already stressed fiscal and debt position, and likely impair its previously adequate level of external balances.

The outlook could revert to stable if substantial and tangible progress is achieved in maintaining the official cease- fire.

In a rapidly evolving environment such as that which we are facing in the global energy markets, the inability to craft and implement appropriate policy measures leaves fiscal and external balances exposed. This could ultimately threaten to undo the macroeconomic stability achieved in recent years.

If you look at the state of the value-added-tax, it has been subject to a lot of delays and setbacks, so we won't know if it will be implemented until it happens,

Local and provincial governance needs to be improved. There will have to be hard budget constraints.

The fact that the suspension is lifted is obviously very positive news.

have tended to be slow, reactive, and incremental over the past year.

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