OGResearch Macro Portal Newsletter -- November 2019

Country Risk Rating Interim Update

• Interim Country Risk Rating update is available for download on the Macro Portal
• The interim update adds outlook to the current rating for each country. The ratings will be reevaluated in the full update in April next year

November forecast highlights:

Haiti

• Ongoing public unrest prevents economic stabilization
• October elections postponed indefinitely
• Unrest and uncertainty weigh heavily on growth and exchange rate

Madagascar

• Political situation stabilized after elections
• New government is proactive in implementing necessary reforms
• Growth will remain fast,driven by investment

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Sierra Leone

• Macroeconomic policies have been appropriately tightened
• Increased exchange rate flexibility is a positive signal
• Review of mining licences puts pressure on foreign investors

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Forecast schedule:

November full updates:

• Haiti
• Madagascar
• Sierra Leone

Coming in December:

• Georgia - Dec 23
• Kyrgyzstan - Dec 23
• Mongolia - Dec 9
• Mozambique - Dec 9

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