S&P Global Ratings could boost Brazil’s sovereign rating if a cut in its deficit as a percentage of GDP is confirmed, according to an interview published on Thursday with the credit firm’s lead analyst for the country.
South America’s largest economy needs to see reduced debt, higher economic growth and continued structural reforms in order to reclaim the investment grade rating it lost in 2015, S&P analyst Livia Honsel also told Folha de S.Paulo.
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