The Bahama Journal: "An international credit ratings agency says The Bahamas’ debt metrics have significantly worsened due to the impact of the world crisis and says higher budget deficits will push debt-to-GDP close to 50 per cent by 2010 – higher than most similarly rated sovereigns.
In the Moody’s Global Sovereign Rating and Report 2009, the credit agency said while it is concerned with the increase in The Bahamas’ debt burden, its history of sensible fiscal management and strong policy consensus support the government’s view that debt numbers will start trending down once the worst of the crisis is over."
In the Moody’s Global Sovereign Rating and Report 2009, the credit agency said while it is concerned with the increase in The Bahamas’ debt burden, its history of sensible fiscal management and strong policy consensus support the government’s view that debt numbers will start trending down once the worst of the crisis is over."
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