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Moody's maintains South Africa's debt rating at 'Ba2', noting both strengths and challenges.
Moody's has maintained South Africa's long-term debt rating at 'Ba2' with a stable outlook, recognizing the country's strong institutions and robust financial sector.
Despite this, Moody's noted challenges including high inequality, structural economic barriers, and significant debt levels.
The South African government welcomed the rating, highlighting progress in reforms such as improved electricity supply and lower business costs, and plans to continue focusing on macroeconomic stability and infrastructure investment.
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Moody's mantiene la calificación de la deuda de Sudáfrica en 'Ba2', señalando tanto fortalezas como desafíos.