Panama’s credit outlook was lowered to negative from stable by Moody’s Ratings, putting it closer to a second junk grade, as the Central American country faces deterioration in its fiscal accounts.
The ratings company affirmed Panama’s rating at Baa3, the lowest investment-grade score, Moody’s saidBloomberg Terminal in a statement Friday. That’s in line with the assessment from S&P Global Ratings, which downgraded the country’s debt on Tuesday.
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Publish date : 2024-11-29 09:24:00
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