Ratings: Foreign and Local Currency: B/Stable/B For further details see ratings list. External vulnerability pressures have eased somewhat, but Rwanda's current account deficits will remain high, and we expect public and private sector external debt levels to continue rising. However, we expect Rwanda's medium-term growth prospects to remain relatively strong, with moderate government debt levels relative to peers. We are therefore affirming our 'B/B' ratings on Rwanda. The outlook is stable. On Feb. 16, 2018, S&P Global Ratings affirmed its 'B/B' long- and short-term foreign and local currency sovereign credit ratings on Rwanda. The outlook is stable. The stable outlook reflects our expectation of relatively strong growth prospects, and a modest narrowing of fiscal and external deficits over our forecast
