Burkina Faso Outlook To Positive On Debt Relief Benefits; 'B' L-T And 'B' S-T Ratings Affirmed - S&P Global Ratings’ Credit Research

Burkina Faso Outlook To Positive On Debt Relief Benefits; 'B' L-T And 'B' S-T Ratings Affirmed

Burkina Faso Outlook To Positive On Debt Relief Benefits; 'B' L-T And 'B' S-T Ratings Affirmed - S&P Global Ratings’ Credit Research
Burkina Faso Outlook To Positive On Debt Relief Benefits; 'B' L-T And 'B' S-T Ratings Affirmed
Published Jul 06, 2006
695 words — Published Jul 06, 2006
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Abstract:

LONDON (Standard&Poor's) July 6, 2006--Standard&Poor's Ratings Services said today it revised its outlook on Burkina Faso to positive from stable, due to the benefits expected to flow from substantial official debt relief in the context of continued prudent policies that have helped the country to weather significant economic challenges. At the same time, Standard&Poor's affirmed its 'B' long-term and 'B' short-term sovereign credit ratings on Burkina Faso. "The ratings on Burkina Faso should receive significant support from the major reduction in the country's debt burden, resulting from the Multilateral Debt Relief Initiative," said Standard&Poor's credit analyst Sarah N'Sondé. "Moreover, we expect that the resources freed up by this debt cancellation will be

  
Brief Excerpt:

RESEARCH Burkina Faso Outlook To Positive On Debt Relief Benefits; 'B' L-T And 'B' S-T Ratings Affirmed Publication date: 06-Jul-2006 LONDON (Standard & Poor's) July 6, 2006--Standard & Poor's Ratings Services said today it revised its...

  
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 Outlook To Positive On Debt Relief Benefits; 'B' L-T And 'B' S-T Ratings Affirmed" Jul 06, 2006. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Burkina-Faso-Outlook-To-Positive-On-Debt-Relief-Benefits-B-L-T-And-B-S-T-Ratings-Affirmed-519194>
  
APA:
S&P Global Ratings’ Credit Research. (). Burkina Faso Outlook To Positive On Debt Relief Benefits; 'B' L-T And 'B' S-T Ratings Affirmed Jul 06, 2006. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Burkina-Faso-Outlook-To-Positive-On-Debt-Relief-Benefits-B-L-T-And-B-S-T-Ratings-Affirmed-519194>
  
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