{"id":460968,"date":"2018-07-10T15:43:46","date_gmt":"2018-07-10T14:43:46","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=460968"},"modified":"2018-07-10T15:43:46","modified_gmt":"2018-07-10T14:43:46","slug":"s-p-global-ratings-benin-scores-b-b-with-stable-outlook","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/07\/10\/s-p-global-ratings-benin-scores-b-b-with-stable-outlook\/","title":{"rendered":"S &#038; P Global Ratings: Benin scores &#8220;B + \/ B&#8221; with stable outlook"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The US ratings agency S &amp; P Global Ratings has awarded this Thursday, July 5 in Benin, the long-term and short-term sovereign rating in foreign and local currencies &#8220;B + \/ B&#8221; with stable outlook.<\/p>\n<p>According to the agency, economic reforms and increased public and private investment should support the country&#8217;s growth prospects. &#8220;The notes on Benin are backed by our expectation that the country&#8217;s economic activity, as well as its external and fiscal positions, will be gradually strengthened in the coming years, stimulated by the pro-growth reform agenda,&#8221; he said. -she.<\/p>\n<p>However, these ratings are limited by the low per capita income of Beninese, in addition to financing needs and the rapid increase in public debt.<\/p>\n<p>In addition, the rating agency predicts that Benin&#8217;s real GDP growth will average 6.3% in 2018-21, supported by public and private investment, which will improve infrastructure and boost the tertiary sector (about 50%). % of GDP) and agricultural productivity (around 20% of GDP).<\/p>\n<p>However, S &amp; P notes that per capita GDP will remain low at around $ 1,000.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The US ratings agency S &amp; P Global Ratings has awarded this Thursday, July 5 in Benin, the long-term and short-term sovereign rating in foreign and local currencies &#8220;B + \/ B&#8221; with stable outlook. According to the agency, economic reforms and increased public and private investment should support the country&#8217;s growth prospects. &#8220;The notes<\/p>\n","protected":false},"author":527297,"featured_media":460972,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12046],"tags":[595,14135],"class_list":{"0":"post-460968","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-leaders-en","8":"tag-benin","9":"tag-s-p-en","10":"post_format-post-format-aside","11":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>S &amp; P Global Ratings: Benin scores &quot;B + \/ B&quot; with stable outlook - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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