Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Azerbaijan > News item |
S&P changes Azerbaijan to negative
Standard & Poor's said it revised its outlook on the Republic of Azerbaijan to negative from stable.
At the same time, the agency affirmed the BBB-/A-3 long- and short-term sovereign credit ratings on Azerbaijan.
S&P said the outlook revision reflects its view that Azerbaijan's government might draw down its currently substantial fiscal buffers or accumulate general government debt more rapidly than what it previously expected in order to compensate for significantly lower oil prices.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.