Burkina Faso 'B/B' Ratings Affirmed On Expected Moderate Economic Resilience In Tough Global Backdrop; Outlook Stable - S&P Global Ratings’ Credit Research

Burkina Faso 'B/B' Ratings Affirmed On Expected Moderate Economic Resilience In Tough Global Backdrop; Outlook Stable

Burkina Faso 'B/B' Ratings Affirmed On Expected Moderate Economic Resilience In Tough Global Backdrop; Outlook Stable - S&P Global Ratings’ Credit Research
Burkina Faso 'B/B' Ratings Affirmed On Expected Moderate Economic Resilience In Tough Global Backdrop; Outlook Stable
Published Jun 15, 2009
801 words — Published Jun 15, 2009
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Abstract:

-- We expect a resilient economy and still-strong donor support in Burkina Faso, despite the global economic downturn. -- We are affirming the 'B' long-term and 'B' short-term sovereign credit ratings on Burkina Faso. -- The stable outlook reflects our anticipation of continued reforms implementation, still-strong donor support, political stability, and manageable debt levels. PARIS (Standard&Poor's) June 15, 2009--Standard&Poor's Ratings Services today said it has affirmed its 'B' long-term and 'B' short-term sovereign credit ratings on Burkina Faso. The outlook is stable. Our transfer and convertability assessment remains unchanged at 'BBB-'. "The affirmation reflects our expectation that Burkina Faso will continue to demonstrate relative economic resilience in a challenging global economic environment," said Standard&Poor's

  
Brief Excerpt:

RESEARCH Burkina Faso 'B/B' Ratings Affirmed On Expected Moderate Economic Resilience In Tough Global Backdrop; Outlook Stable Publication date: 15-Jun-2009 Primary Credit Analyst: Sarah N'Sonde, Paris (33) 1-4420-6665; sarah_nsonde@standardandpoors.com...

  
Report Type:

Ratings Action

Ticker
32687Z
Issuer
Sector
Global Issuers
Region
Europe, Middle East, Africa
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Burkina Faso 'B/B' Ratings Affirmed On Expected Moderate Economic Resilience In Tough Global Backdrop; Outlook Stable" Jun 15, 2009. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Burkina-Faso-B-B-Ratings-Affirmed-On-Expected-Moderate-Economic-Resilience-In-Tough-Global-Backdrop-Outlook-Stable-727723>
  
APA:
S&P Global Ratings’ Credit Research. (). Burkina Faso 'B/B' Ratings Affirmed On Expected Moderate Economic Resilience In Tough Global Backdrop; Outlook Stable Jun 15, 2009. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Burkina-Faso-B-B-Ratings-Affirmed-On-Expected-Moderate-Economic-Resilience-In-Tough-Global-Backdrop-Outlook-Stable-727723>
  
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