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Moody's Investors Service..........>

EMERGING MARKETS
EMERGING MARKETS: Moody's Investors Service "changed the outlook on Bolivia's
issuer and senior unsecured bond ratings to stable from negative, and has
affirmed the ratings at Ba3. The key drivers for the change in outlook to stable
from negative are: 1) Bolivia's stabilizing fiscal and current account deficits
which suggest that the impact of lower hydrocarbon prices on the sovereign's
credit profile has been contained; 2) Moody's expectation that Bolivia's growth,
fiscal and external metrics, although weakened, are likely to remain consistent
with its Ba3 rating."

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