Panama’s Debt Downgraded by S&P to Lowest Investment Grade

Source link : https://theamericannews.net/america/panama/panamas-debt-downgraded-by-sp-to-lowest-investment-grade/

Panama’s credit score was cut by S&P Global Ratings, putting the Central American nation a step closer to losing its investment-grade status.

S&P lowered Panama by a notch to BBB-, on par with Mexico and Romania, citing rising government debt levels made worst by sluggish revenue. The outlook is stable.

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Publish date : 2024-11-26 08:27:00

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Author : theamericannews

Publish date : 2024-11-26 23:07:59

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