Research Update: Burkina Faso Long-Term Ratings Lowered To 'B-' On Rising Institutional And Economic Risks; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: Burkina Faso Long-Term Ratings Lowered To 'B-' On Rising Institutional And Economic Risks; Outlook Stable

Research Update: Burkina Faso Long-Term Ratings Lowered To 'B-' On Rising Institutional And Economic Risks; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: Burkina Faso Long-Term Ratings Lowered To 'B-' On Rising Institutional And Economic Risks; Outlook Stable
Published Dec 05, 2014
Published Dec 05, 2014
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About This Report

  
Abstract:

On Nov. 23, 2014, an interim government in which military personnel occupy key positions was appointed to govern Burkina Faso until the elections scheduled for November 2015. We have revised our GDP, fiscal, and external forecasts due to the challenges and uncertainty the government and the business community face. Future donor support is unclear and gold and cotton revenues are predicted to fall. We are therefore lowering the long-term foreign and local currency ratings on Burkina Faso to 'B-' from 'B' and removing the ratings from CreditWatch negative. The stable outlook reflects our view that domestic armed conflict is unlikely to erupt in Burkina Faso and that debt servicing operations will continue during the political transition. On Dec. 5, 2014,

  
Report Type:

Research Update

Ticker
32687Z
Issuer
Sector
Global Issuers
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Burkina Faso Long-Term Ratings Lowered To 'B-' On Rising Institutional And Economic Risks; Outlook Stable" Dec 05, 2014. Alacra Store. May 11, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Burkina-Faso-Long-Term-Ratings-Lowered-To-B-On-Rising-Institutional-And-Economic-Risks-Outlook-Stable-1373333>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Burkina Faso Long-Term Ratings Lowered To 'B-' On Rising Institutional And Economic Risks; Outlook Stable Dec 05, 2014. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Burkina-Faso-Long-Term-Ratings-Lowered-To-B-On-Rising-Institutional-And-Economic-Risks-Outlook-Stable-1373333>
  
US$ 225.00
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