Fitch gives Guatemala positive outlook

Fitch gives Guatemala positive outlook

Credit Ratings Fitch Ratings Debt Capital Markets Fixed Income Guatemala

Fitch Ratings said it improved the outlook on Guatemala's credit ratings to positive from stable and affirmed the sovereign issuer's BB- rating on a "better than expected fiscal performance." Guatemala's government has made a "structural improvement in tax collection" as the economy has recovered, allowing it to keep debt-to-GDP ratios at low levels, even in "less favorable environments," Fitch said in a report on Tuesday. The debt-to-GDP ratio is expected to fall to 27.4% this year from 28.5% i

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