MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Golden Week delivers 1.1 million visitors, up 9.5%

  • NBA and Sands celebrate tip-off ahead of games with local youth basketball clinic

  • Hawker Hawker welcomes St. Regis Chengdu’s executive Chinese chef Mike Li for an exclusive ‘Savor Sichuan’ collaboration

  • Lui’s share purchase is a positive governance signal, CLSA says

  • Hotel occupancy tops 90% during holiday peak

  • ‘Hush!’ returns, pairing with sports and wellness

Forum
Home›Forum›Fitch Ratings lowers Angola’s credit rating to B+

Fitch Ratings lowers Angola’s credit rating to B+

By -
Wednesday, September 30, 2015
115
0
Road market in Angola

Road market in Angola

Fitch Ratings has lowered Angola’s credit rating from “BB-” to “B+”, to reflect the effects that low oil prices have had on the economy, the agency announced in a statement released Friday.
The agency also said the outlook was stable, due to the measures approved by the Angolan government to respond to the negative effects of the low price of the main raw material for export.
“Angola’s dependence on oil and gas leaves the country exposed to the sharp drop in oil prices, which led to a rise in public debt, falling reserves and weaker growth,” said the Fitch report issued Friday.
On the positive side, the agency highlighted the timely response of the government to the negative effects, including a tighter monetary policy, fiscal measures and devaluation, which may limit the downward revision of the credit rating.
Fitch estimates suggest Angola’s public debt exceed 40 percent of GDP this year, against 23.1 percent of GDP in 2013 and the budget deficit reached 4 percent of GDP.  MDT/Macauhub

FacebookTweetPin

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Print (Opens in new window) Print

Like this:

Like Loading…

Related

Previous Article

Analysis | Xi big-money pledges underpin Chinese ...

Next Article

Mozambique | Chinese ambassador announces cooperation projects

Related articles More from author

  • Forum

    Brazil, Angola in top five countries for Chinese investment in South Atlantic

    Thursday, June 16, 2016
    By -
  • Forum

    Angola | Gov’t requests financial support from the IMF

    Wednesday, August 22, 2018
    By -
  • Forum

    Business mission from Brazil visits Mozambique and Angola

    Wednesday, July 16, 2014
    By -
  • Forum

    Mozal is largest company in Mozambique in 2013

    Thursday, December 11, 2014
    By -
  • Forum

    Mozambique | Mine has gem reserves of 432 million carats

    Monday, July 27, 2015
    By -
  • Forum

    Tianjin Airlines buys 22 aircraft from Embraer

    Thursday, May 21, 2015
    By -

Leave a reply Cancel reply

You must be logged in to post a comment.

  • Asia-PacificBuzz

    News from outside disappears in North Korea

  • Macau

    Central Library | Alternative location demand revived, gaining support

  • China

    Before FM’s arrival, China says ties with Japan improving

DAILY EDITION

Friday, October 9, 2026 – edition no. 5051
Friday, October 9, 2026 – edition no. 5051

Greater Bay

MDT MACAU GRAND PRIX SPECIAL

October 2026
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031  
« Sep    

Timeline

  • Friday, October 9, 2026

    Golden Week delivers 1.1 million visitors, up 9.5%

  • Friday, October 9, 2026

    NBA and Sands celebrate tip-off ahead of games with local youth basketball clinic

  • Friday, October 9, 2026

    Hawker Hawker welcomes St. Regis Chengdu’s executive Chinese chef Mike Li for an exclusive ‘Savor Sichuan’ collaboration

  • Friday, October 9, 2026

    Lui’s share purchase is a positive governance signal, CLSA says

  • Friday, October 9, 2026

    Hotel occupancy tops 90% during holiday peak

  • Friday, October 9, 2026

    ‘Hush!’ returns, pairing with sports and wellness

  • Friday, October 9, 2026

    Gov’t HQ opens doors this weekend

  • Friday, October 9, 2026

    Macao Orchestra to present 20th Century Masterpieces

  • Friday, October 9, 2026

    SMG warns of bad air quality

  • Friday, October 9, 2026

    Legends inspire youth ahead of NBA China Games

Extra Times

Extra TimesTaste of Edesia

Hawker Hawker welcomes St. Regis Chengdu’s executive Chinese chef Mike Li for an exclusive ‘Savor ...

This autumn, Hawker Hawker at W Macau invites discerning diners on a culinary journey to China’s spice-loving heartland with a limited-time guest-chef collaboration featuring Executive Chinese Chef Mike Li of ...
  • ‘Digger,’ a Dr. Strangelove for the climate change era

    By MDT/AP
    Friday, October 9, 2026
  • The Time Ritual : Your Time, Your Way

    By -
    Friday, October 9, 2026
  • A culinary dialogue: Chef Homan Tsui and Chef Chang Longshan reunite in MGM Macau

    By Irene Sam, MDT
    Friday, September 25, 2026
  • In ‘Primetime,’ a sinister shift in media, with a dazzling Robert Pattinson

    By MDT/AP
    Friday, September 25, 2026
  • Recent

  • Popular

  • Golden Week delivers 1.1 million visitors, up 9.5%

    By Renato Marques, MDT
    Friday, October 9, 2026
  • NBA and Sands celebrate tip-off ahead of games with local youth basketball clinic

    By Ricaela Diputado, MDT
    Friday, October 9, 2026
  • Hawker Hawker welcomes St. Regis Chengdu’s executive Chinese chef Mike Li for an exclusive ‘Savor ...

    By Irene Sam, MDT
    Friday, October 9, 2026
  • Lui’s share purchase is a positive governance signal, CLSA says

    By Nadia Shaw, MDT
    Friday, October 9, 2026
  • Hotel occupancy tops 90% during holiday peak

    By Yuki Lei, MDT
    Friday, October 9, 2026
  • ‘Hush!’ returns, pairing with sports and wellness

    By Nadia Shaw, MDT
    Friday, October 9, 2026
  • Gov’t HQ opens doors this weekend

    By -
    Friday, October 9, 2026
  • Canidrome may have its days numbered, decision in ‘one or two months’

    By Paulo Coutinho, MDT
    Thursday, May 26, 2016
  • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

    By -
    Wednesday, May 4, 2016
  • Editorial | Canidoomed

    By Paulo Coutinho, MDT
    Wednesday, June 1, 2016
  • Animal Welfare | Canidrome presented with ultimatum: close or move

    By Daniel Beitler, MDT
    Friday, July 22, 2016
  • Australia regulator cracks down on alleged exportation of dogs to Macau

    By Paulo Coutinho, MDT
    Friday, June 10, 2016
  • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

    By Catarina Pinto
    Monday, July 6, 2015
  • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

    By Daniel Beitler, MDT
    Friday, May 27, 2016
  • Contact our Administrator
  • Contact our Editor-in-Chief
  • Contacts
  • Our Team
  • Privacy Policy
  • Terms and Conditions
  • Editorial Statute
  • Code of Ethics
COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
MACAU DAILY TIMES
  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Loading Comments...

You must be logged in to post a comment.

%d