Research Update: Republic of Suriname Foreign And Local Currency Ratings Affirmed At 'CCC+/C'; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: Republic of Suriname Foreign And Local Currency Ratings Affirmed At 'CCC+/C'; Outlook Stable

Research Update: Republic of Suriname Foreign And Local Currency Ratings Affirmed At 'CCC+/C'; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: Republic of Suriname Foreign And Local Currency Ratings Affirmed At 'CCC+/C'; Outlook Stable
Published Dec 11, 2024
9 pages (4584 words) — Published Dec 11, 2024
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

We expect the government of the Republic of Suriname will continue its progress on fiscal consolidation and improved macroeconomic sustainability over the coming months while also finalizing a restructuring agreement with one remaining commercial creditor on a small amount of debt. At the same time, we expect the government will strengthen its debt management procedures. S&P Global Ratings affirmed its long- and short-term foreign and local currency sovereign credit ratings on Suriname at 'CCC+/C'. The outlook on the long-term sovereign credit ratings is stable. On Dec. 11, 2024, we affirmed our long- and short-term foreign and local currency sovereign credit ratings on Suriname at 'CCC+/C'. We also affirmed our transfer and convertibility assessment of 'CCC+'. The outlook on the long-term

  
Brief Excerpt:

...- We expect the government of the Republic of Suriname will continue its progress on fiscal consolidation and improved macroeconomic sustainability over the coming months while also finalizing a restructuring agreement with one remaining commercial creditor on a small amount of debt. - At the same time, we expect the government will strengthen its debt management procedures. - S&P Global Ratings affirmed its long- and short-term foreign and local currency sovereign credit ratings on Suriname at '###+/C'. - The outlook on the long-term sovereign credit ratings is stable....

  
Report Type:

Research Update

Ticker
17024Z
Issuer
Sector
Global Issuers
Country
Region
Latin America
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Republic of Suriname Foreign And Local Currency Ratings Affirmed At 'CCC+/C'; Outlook Stable" Dec 11, 2024. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Republic-of-Suriname-Foreign-And-Local-Currency-Ratings-Affirmed-At-CCC-C-Outlook-Stable-3298653>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Republic of Suriname Foreign And Local Currency Ratings Affirmed At 'CCC+/C'; Outlook Stable Dec 11, 2024. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Republic-of-Suriname-Foreign-And-Local-Currency-Ratings-Affirmed-At-CCC-C-Outlook-Stable-3298653>
  
US$ 225.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.