NEWS BRIEFS: Territory’s credit rating stable

NNSL- July 24, 2018

The GNWT received confirmation of its Aa1 credit rating with a stable outlook from Moody’s Investor Services, stated a news release yesterday.The Aa1 rating is the second-highest rating available from Moody’s. “This credit rating, and the related analysis, recognizes our challenges of limited revenue growth and on-going expenditure pressures. It supports that our overall fiscal…

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