Barbados: Credit rating remains unchanged – Moodys

The US-based international rating agency, Moody Investors Service, has given Barbados a negative rating outlook indicating that the islands fiscal deficits would remain high for the next few years.

Moodys said that the Baa3 local and foreign currency bond ratings reflect Barbados’ medium economic strength, high institutional strength, low government financial strength, and medium susceptibility to event risk.

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