The Ministry of Finance acknowledges the decision by Moody’s to place
The Bahamas’ Baa3 ratings on review for downgrade given the extreme
strain placed on the recovering Bahamian economy by the spread of the
coronavirus outbreak. This comes at a time when the entire world is
going through economic turmoil. No country is being spared by the
unprecedented public health and economic crisis…

Source: https://www.thebahamasweekly.com