Tag: Standard and Poor’s

RIO DE JANEIRO, BRAZIL - The loss of revenue and the increase in public spending to tackle the Covid-19 pandemic will push Central America's average fiscal deficit to 6.6% of gross domestic product (GDP) in 2020, the Central American...
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Against widespread expectations from financial experts, rating agency Standard & Poor's has decided not to downgrade Brazil's credit rating yet. The country's current rating status of BBB- is...

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