Moody’s Upgrades Benin Long-Term Debt Rating to Ba3
Moody’s Ratings has upgraded Benin’s long-term foreign and local-currency issuer ratings from B1 to Ba3, shifting the West African nation into the coveted “BB/Ba” sovereign tier with a stable outlook. The decision, announced following a comprehensive credit review, reflects the country’s strengthening fiscal consolidation, robust macroeconomic growth, and active debt management strategies that have successfully … Read more