Rating Actions in Foreign Currency on February 23
February 24, 2021
Moody's downgraded Tunisia's rating to "B3" with negative outlook.
Reasons: "weakening governance in the face of rising social constraints that increasingly inhibit the government's flexibility to implement fiscal adjustment and public sector reforms that would stabilize and eventually reverse a marked increase in its debt burden", - Moody's said in the report.
Company — Tunisia
Full nameTunisian Republic