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Tag Archives: Public finance

Standard & Poor’s downgrades the Bahamas

23-Dec-09

Good to see you again. Glad you enjoy the Limes.Long-Term Ratings On The Commonwealth of the Bahamas Lowered To ‘BBB+’; Outlook Stable The Bahamas’ fiscal position has deteriorated, as the government has increased spending while its narrow revenue base has declined amid economic recession. This has led to a rise in general government debt, and [...]

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