Mali: Moody’s lowers its outlook to negative and confirms tensions on sovereign rating

Moody’s rating agency has lowered the outlook attached to Mali’s sovereign rating from stable to negative, while confirming its rating at Caa2, signaling a deterioration in the country’s credit prospects in a context of persistent budgetary weaknesses and tighter financing margins. This decision reflects the growing concerns of the agency about Bamako’s ability to stabilize…...