Economics · Economy
Consider the following factors: I. Favourable demographic profile accompanied by strong domestic demand. II. Credible fiscal consolidation supported by improvement in revenue mobilisation. III. Excessive dependence on a single export destination. IV. Low external debt relative to the size of the economy. How many of the above are generally viewed as favourable for an upgrade in a country's sovereign credit rating?
- 1All the four
- 2Only three✓
- 3Only two
- 4Only one
Correct answer
Only three
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