Moody’s moves Bolivia view to negative

Moody’s Investors Service said it revised Bolivia’s outlook to negative from rating under review and confirmed the government’s Caa1 long-term local- and foreign-currency issuer and senior unsecured debt ratings. These actions conclude the review started on March 24.

“The negative outlook reflects ongoing credit risks associated with Bolivia's high exposure to domestic political and economic shocks, as well as persistent downside fiscal and external risks in the absence of policies that would effectively address underlying credit challenges,” Moody’s said in a press release.

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