S&P Revises Barbados’s Outlook to Negative

S&P Revises Barbados’s Outlook to Negative

Barbados Corporate & Sovereign Strategy

S&P has revised Barbados’s outlook to negative from stable, while also affirming its BBB minus foreign currency rating. Large fiscal deficits and rising debt burdens threaten the government’s credit profile. “The negative outlook reflects our view that downside risks to Barbados’s creditworthiness are increasing as the external financial and economic environment weakens,” says S&P analyst Olga Kalinina in a statement. “We believe that domestic fiscal measures may not be sufficient to stabilize t

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