S&p Reduces Credit Rating for Bolivia: What Does It Mean for Its Battered Economy?

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The international rating agency S&P Global Ratings has reduced Bolivia’s sovereign credit rating from CCC+ to CCC – due to the government’s difficulties in paying its debt in the coming month and to political unrest. “Political stagnation and restricted access to external bond markets continue to limit the country’s ability to reverse the erosion of its external liquidity and fiscal position, which poses risks to economic and monetary stability,…

eju.tv

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On June 25, S&P Global Ratings lowered Bolivia’s credit rating to ‘CCC-’, thus confirming the accelerated deterioration of the country’s financial and macroeconomic situation. This decision adds to a series of international reports...

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MADRID, 26 (EUROPA PRESS) The international rating agency S&P Global Ratings has reduced its sovereign credit rating of Bolivia from CCC+ to CCC- due to the government's difficulties in paying its debt in the coming month and to political unrest. "The political stagnation and limited access to the external markets of [...] The S&P entry reduces the rating of Bolivia due to the government's difficulty in paying the debt and political tension appe…

Opinión Bolivia

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The S&P lowered Bolivia's credit rating to 'CCC-' from 'CCC+', which means worsening forecasts of the country's economic situation.

Bloomberg Linea

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Standard & Poors (S&P) lowered Bolivia’s long-term credit rating from ‘CCC’ to ‘CCC-’, with a negative outlook, due to increased debt service, which could further hamper the Andean country’s access to financing. The risk rating agency noted that the negative outlook reflects “the deterioration of Bolivia’s external profile, which could affect the government’s ability to pay its debt over the next six to twelve months.” According to S&P, “politic…