The ratings on the Swiss Canton of Solothurn benefit from the canton's strong financial management and the resulting improvement in budgetary performance. We are therefore affirming our 'AA+/A-1+' ratings on Solothurn. The stable outlook reflects our view that the canton's budgetary performance will continue to improve gradually over the coming years and management will remain highly committed to budgetary consolidation. On June 17, 2016, S&P Global Ratings affirmed its 'AA+/A-1+' long- and short-term issuer credit ratings on the Swiss Canton of Solothurn. The outlook is stable. The ratings on Solothurn are supported by the extremely predictable and supportive institutional framework for all Swiss cantons. We assess Solothurn's economy as very strong in an international comparison and continue to view the
