March 26, 2020 / 4:35 PM / 5 days ago

BRIEF-Moody's Says Coronavirus Shock Poses Significant Growth And Fiscal Challenges For African Sovereigns

March 26 (Reuters) - Moody’s:

* MOODY’S SAYS CORONAVIRUS SHOCK POSES SIGNIFICANT GROWTH AND FISCAL CHALLENGES FOR AFRICAN SOVEREIGNS

* MOODY’S SAYS SEVERE MACROECONOMIC AND FINANCIAL IMPACT FOR AFRICAN SOVEREIGNS FROM CORONAVIRUS

* MOODY’S, ON AFRICAN SOVEREIGNS, SAYS DECLINING EXPORT REVENUE DUE TO CORONAVIRUS WILL INCREASE PRESSURE ON BALANCE OF PAYMENTS, AGGRAVATE EXTERNAL VULNERABILITY Source text for Eikon:

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