Seychelles country Outlook is maintained at BB-, with a Positive Outlook
September 23, 2024
The rating firm, Fitch, has maintained Seychelles country ranking at BB-, Outlook Positive, following its latest review.
According to a press release issued earlier this month, the firm says it 'affirmed Seychelles' Long-Term
Foreign-Currency Issuer Default Rating (IDR) at 'BB-' with a Positive Outlook'
Factors leading to the affirmation of the ranking are; relatively high income levels (2.3x the peer median), strong World Bank Governance Indicators (WBGI; third highest among 'BB' rated sovereigns), and support from multilateral creditors.
Access the Fitchrating report by clicking below.