Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, April 24th 2024 - 12:28 UTC

Tag: debt rate positive

  • Wednesday, February 16th 2011 - 22:39 UTC

    Uruguay’s debt rated “positive” and edging on investment grade, says DBRS

    But Uruguay needs ‘space’ to implement anti-cyclical fiscal policies

    Canadian credit rating agency DBRS maintained Uruguay’s debt at BB (two steps below investment grade) but elevated prospect from stable to positive. The latest release from DBRS means Uruguay in the next 6 to 12 months could advance to one step below investment grade if “current fiscal discipline is sustained and levels of debt continue the descending trend”.