Event Brazil, Colombia, South Africa and Turkey - Rising debt and falling ratings


Date: 25 Aug 2020

GlobalSource Partners’ Analyst Webinar Series presents Rising debt and falling ratings - Brazil, Colombia, South Africa and Turkey featuring Affonso Pastore, Juan Carlos Echeverry, Iraj Abedian and Murat Ucer moderated by Gordian Kemen, Head of EM Sovereign Strategy, Standard Chartered Bank

Fiscal deficits are rising across the board in EM, and each of these four countries were already challenged with debt issues before COVID-19. Fiscal deficits and debt dynamics will take a turn for the worse for these four countries, raising potential debt sustainability issues for Brazil, imminent balance of payments challenges for Turkey, and downward ratings pressure for Colombia and South Africa.

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Tagged with: Brazil Economics, Colombia, South Africa, Turkey and Global Source Partners