Panama’s credit score was cut by S&P Global Ratings, putting the Central American nation a step closer to losing its investment-grade status.
S&P lowered Panama by a notch to BBB-, on par with Mexico and Romania, citing rising government debt levels made worst by sluggish revenue. The outlook is stable.
Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=674654cd269747dea0375f2386ecbd15&url=https%3A%2F%2Fwww.bloomberg.com%2Fnews%2Farticles%2F2024-11-26%2Fpanama-s-debt-downgraded-by-s-p-to-lowest-investment-grade&c=6422029150071895397&mkt=en-us
Author :
Publish date : 2024-11-26 08:27:00
Copyright for syndicated content belongs to the linked Source.
