Guatemala Improves Its Credit Rating: S&P Raises the Score to BB+

Guatemala took an important step on the international financial scene. Standard & Poor’s Global Ratings (S&P) announced that it raised the country’s sovereign credit rating from BB+ to BB+. This leaves Guatemala just one step away from entering the level of investment, a key goal to attract investment and reduce financing costs. The Ministry of Public Finance (Minfin) shared the qualifier’s decision. This improvement reflects progress in governa…

Guatemala took a significant step in its international financial positioning after Standard & Poor’s Global Ratings (S&P) improved the country’s sovereign rating from BB to BB+, placing it just one step away from the level of investment, a key goal to attract greater capital flows. The announcement was shared by the Ministry of Public Finance (Minfin), which highlighted that the new rating responds to the institutional advances of the past year,…