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Tag "Baa1 rating"

Moody’s maintains Mauritius’s Baa1 credit rating

Moody’s Investors Service maintained its credit rating of Baa1 for Mauritius in its latest country-wide evaluation, citing the “resilience and diversification of the local economy and robust institutional capacity” as reasons for maintaining its stable outlook on the island economy. However, the report, released on March 31, went on to note that any improvement in the country’s rating is restricted by “unfavourable debt metrics and the island economy’s vulnerability to

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