Moody’s offers update on Kingdom’s credit outlook
Improved fiscal management and preparation for a decline in foreign aid would help increase Cambodia’s credit rating, according to a quarterly credit opinion from Moody’s Investor Service, which maintained a stable outlook for the country. Reduced exposure to crisis and stagnation in Western economies, continued foreign direct investment and development in the oil and gas sector offered the chance to up the outlook, according to the report issued on Sunday. However, it warned of a dearth of debt transparency…
