SVG Govt Outlines Fiscal Strategy Following Moody’s Downgrade

The Silence in the Bond Market

ON JUNE 30, Moody’s downgraded St.Vincent and the Grenadines from B3 to Caa1, with a negative outlook attached. Within hours, the blame game began. The Opposition claims a government not yet a year in office wrecked the house.The Government insists it inherited a house already leaning. Both narratives are politically useful while neither is analytically sufficient. Sovereign ratings are not report cards on a single season. Debt accumulates slowl…

SVG govt outlines fiscal strategy following Moody’s downgrade

On June 30, 2026, Moody’s Ratings downgraded the long-term local and foreign currency issuer ratings for the government of St. Vincent and the Grenadines to Caa1 from B3. Along with the downgrade, the credit agency assigned a negative outlook, citing mounting debt risks and intensifying liquidity pressures. This rating action reflects a rising debt burden […]