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Tag Archives: barbados

Standard & Poor’s unimpressed with Barbados’ finances

14-Nov-09

Rating agency Standard & Poor’s continued its focus on the Caribbean with a note on Barbados’ public finances. Below in full, highlighting mine: Barbados Outlook Revised To Negative On Deteriorating Public Finances; ‘BBB’ And ‘A-3′ Foreign Currency Ratings Affirmed – We believe the timeliness and magnitude of Barbados’ fiscal consolidation is uncertain because of a [...]

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S&P downgrades Barbados

10-Jun-09

More bad news for Caribbean economies – rating agency Standard & Poor’s on Wednesday downgraded the foreign currency rating of Barbados to BBB from BBB+. From the S&P statement, highlighting mine: Barbados Foreign Currency Credit Rating Lowered To ‘BBB’ From ‘BBB+’; Outlook Stable – The global economic crisis has pressured Barbados’ economic and fiscal performance [...]

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This work by The Liming House is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.