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Why Better Communication Between Governments and Rating Agencies Matters
Hon. John Mbadi, Cabinet Secretary for The National Treasury and Economic Planning, emphasizes the crucial role of effective communication between governments and credit rating agencies.
He explains that credit ratings are not just about data—they’re also shaped by how well governments articulate their macroeconomic policies, fiscal strategies, and debt sustainability efforts. According to Mbadi, African governments must improve transparency in revenue collection, expenditure management, and forex reserve strategies to build investor confidence and secure fairer assessments from rating agencies.
