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Fitch revises Kenya to stable
Fitch Ratings said it revised the outlook on Kenya's long-term foreign- and local-currency issuer default rating to stable from negative and affirmed the ratings at B+.
Fitch said the outlook revision reflects its assessment that the country's public debt/GDP trajectory will stabilize as well as the expected strengthening of GDP growth in 2018, following a year in which the Kenyan economy faced political and fiscal shocks.
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