US EditionS&P Lifts Paraguay Rating to Investment Grade, Joining ...
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7 Articles
Paraguay Joins South America’s Investment-Grade Shortlist
Key Points S&P moved Paraguay to BBB-/A-3 with a stable outlook, putting it into investment grade. Moody’s granted investment grade in July 2024; Fitch still rates Paraguay BB+ with a positive outlook. The shift can widen the investor base and lower funding costs, if discipline holds. Paraguay has crossed a line that quietly decides where […]
The Minister of Economy and Finance, Carlos Fernández Valdovinos, reaffirmed that the note was achieved thanks to the economic reforms carried out
Paraguay won the Investment Degree of Standard & Poor’s this Wednesday, which raised the sovereign rating to BBB- with a stable perspective. With this advance, the country adds the support of two of the three main international qualifiers and positions itself among the economies with the highest macroeconomic credibility in the region. Former Finance Minister César Barreto described the decision as a “very positive step” and highlighted that it …
Economy Minister Carlos Fernández Valdovinos stressed that S&P Global Ratings raised Paraguay’s credit rating to BBB-, thus achieving its second degree of investment during the government of Santiago Peña. Investment grade strengthens the macroeconomic stability of the country, they say. Photo: MEF According to Valdovinos, the agency took into account the country’s strong economic growth, the commitment to low fiscal deficits and the growing cre…
Asunción, IP Agency.- The risk qualifier Standard & Poor’s granted the degree of investment to Paraguay with what the country achieves for the second time in its history this qualification and under the current administration of government. “Clearly the S&P report indicates numerous decisions made in this government to reach the second degree of investment,” said Minister Carlos Fernández, who gave the news at a press conference this Wednesday i…
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