topic
Credit Rating
Business & Tourism
Fitch assigns stable outlook rating for Maldives
The B+ rating reflects strong economic growth and high government revenue from the tourism sector weighed against high debt and low foreign currency reserves.
17 May 2017, 9:00 AM
Business & Tourism
Moody’s assigns Maldives’ first sovereign credit rating
The Maldives was assigned a local and foreign currency issuer rating of B2, which is considered “speculative and subject to high credit risk.” According to Moody’s, the rating and stable outlook reflect healthy growth prospects driven by the tourism sector, low institutional strength, and a high and rising debt burden.
03 Sep 2016, 9:00 AM
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