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S&P doowngrades Bolivia's ratings
Summary by Merco Press
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S&P doowngrades Bolivia's ratings
Standard & Poor's (S&P) downgraded Bolivia's long-term credit rating from 'CCC+' to 'CCC-' with a negative outlook. This decision was driven by increasing debt servicing costs and a deteriorating external financial profile, which could make it harder for the landlocked country to access financing and potentially hinder its ability to pay off debt in the coming months.
·Caracas, Venezuela, Bolivarian Republic of
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The risk qualifier highlighted the order of the district's financial accounts, but sees only access to external financing to improve the debt profile.
·Argentina
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Total News Sources2
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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