(Reuters) -Recent social unrest in Nepal has heightened risks to the country’s economic and fiscal outlook and may pressure its credit metrics, rating firm Fitch said on Friday. “Calm has returned, but we believe the violence has dampened near-term growth prospects by curbing normal economic activity, and hurting consumer and business confidence,” Fitch said. (Reporting […]
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Fitch says Nepal’s political unrest risks economic outlook, credit metrics
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(Reuters) -Recent social unrest in Nepal has heightened risks to the country’s economic and fiscal outlook and may pressure its credit metrics, rating firm Fitch said on Friday.
“Calm has returned, but we believe the violence has dampened near-term growth prospects by curbing normal economic activity, and hurting consumer and business confidence,” Fitch said.
(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Christian Schmollinger)