March 8, 2018 / 7:41 AM / 3 months ago

BRIEF-Moody's Says Bangladesh Faces Strong Economic Growth & Weak Revenue Generation Constrains Fiscal Capacity‍​

March 8 (Reuters) -

* MOODY’S: BANGLADESH FACES STRONG ECONOMIC GROWTH, WHILE WEAK REVENUE GENERATION CONSTRAINS FISCAL CAPACITY‍​

* MOODY’S - BANGLADESH CREDIT PROFILE SUPPORTED BY STRONG ECONOMIC GROWTH, MACROECONOMIC STABILITY, MODEST GOVERNMENT DEBT BURDEN,ACCESS TO CONCESSIONAL FUNDING‍​

* MOODY’S - IN THE MEDIUM TERM, MOODY’S EXPECTS GDP GROWTH TO HOVER AROUND 6.5%

* MOODY’S SAYS CONTINUES TO EXPECT ROBUST ECONOMIC ACTIVITY IN BANGLADESH, DRIVEN BY THE READY-MADE GARMENT (RMG) INDUSTRY

* MOODY'S ON BANGLADESH-EXPECTS FISCAL DEFICIT TO WIDEN SLIGHTLY IN FISCAL YEAR ENDING JUNE 2018,GOVERNMENT'S DEBT BURDEN WILL REMAIN RELATIVELY LOW & STABLE Source text : bit.ly/2FztW2R

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