Stephen welcomes S&P upgrade, urges caution


Barbados’ most recent upgrade by New York-based credit rating agency, Standard and Poor’s (S&P) Financial Services, is an achievement worthy of congratulations, economist Jeremy Stephen has declared. But while it will go a long way in mending investor confidence, the ratings boost is no indication that citizens should expect an ease in the financial burden […]

The post Stephen welcomes S&P upgrade, urges caution appeared first on Barbados Today.

Next Post

#BTEditorial – Good start. Now for more milestones to growth

At the height of the season of goodwill and cheer, Barbados certainly got some early Christmas gifts to boost its confidence and entice potential investors. After suffering about two dozen credit downgrades from various entities in the last ten years, Barbados stepped out of default territory as international rating agency […]