The recent credit opinion released on The Bahamas by Moody’s onlyhighlighted the points that have been repeatedly raised by the Bahamian
people. In maintaining our sovereign rating at Baa3 with a negative
outlook, the rating agency focused on the fundamentals and prospects of
the Bahamian economy under the current administration.
There were
hardly any new revelations in Moody’s report that calls for the
commendation of the Government. On a positive note, the rating agency
acknowledged The Bahamas’ strong institutional framework, the policy
credibility of the Central Bank and macroeconomic stability…
Source: https://www.thebahamasweekly.com
