Fitch Ratings has upgraded the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘CCC’. The Outlook is Stable. KEY RATING DRIVERS The upgrade of the Maldives’ IDRs reflects a stronger recovery for the tourism sector than we previously expected, and an improved, though still challenging refinancing outlook for the sovereign’s external debt over […]
0 Comments:
Post a Comment