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Montevideo, September 7th 2024 - 23:38 UTC

Tag: Standard & Poor's (S&P)

  • Friday, February 2nd 2024 - 10:29 UTC

    S&P raises Paraguay's grading to BB+

    Fernández Valdovinos insisted that the new rating represented more opportunities for investment and economic growth

    The Standard & Poor's (S&P) rating agency Thursday raised Paraguay's grading from BB to BB+ after 10 years, Economy Minister Carlos Fernández Valdovinos announced. The news represented one more step towards obtaining an investment grade rating (a low risk of non-payment of debts), he also explained on social media.