The Caribbean's regional credit rating agency CariCRIS has lowered the credit rating of Barbados by "one notch" to CariA+ (Foreign Currency Rating) and CariAA- (Local Currency Rating).
The indigenous Caribbean credit rating agency stated that its downgrade of Barbados’s ratings was driven by the below-expectation-performance of key macroeconomic indicators in 2012, and the non-achievement of targeted improvement in the fiscal performance.
CariCRIS noted that not only was there no
No comments:
Post a Comment