Moody's has downgraded Botswana's long-term issuer ratings to Baa2 from Baa1, citing an anticipated weakening of the country's finances. The downgrade is primarily attributed to a downturn in the global diamond market.
Moody's Downgrades Botswana to Baa2 on Diamond Slump Concerns
BotswanaMoody'sCredit RatingDiamondsMacroeconomicsSovereign Debt
