by Dispatch Risk Analysis | Jun 8, 2023 | Economic, Tunisia
Tunisia: Fitch Downgrades Default Rating as Foreign Reserves Slump Summary: This week, New York-based Fitch Ratings downgraded Tunisia’s long-term foreign currency issuer default rating from CCC+ to CCC-, further confirming the country’s lack of creditworthiness....
by Dispatch Risk Analysis | Mar 16, 2023 | Economic, Tunisia
Tunisia: Debt Servicing Absorbs Growing Revenues as Sovereign Risk Rises Summary: January and February 2023 data indicate that the servicing of Tunisia’s external debts has absorbed nearly 90% of income from tourism and remittances. The overall cost of external debt...
by Dispatch Risk Analysis | Jan 27, 2023 | Economic, Tunisia
Tunisia: Moody’s Downgrades Rating, Highlighting Economic Crisis Summary: On 27 January, 2023, Moody’s announced a downgraded rating for Tunisia, moving it from Caa1 to Caa2 with a negative outlook. Moody’s assessed that the absence of financing to...