International credit rating agency Standard & Poor's (S&P) has maintained The Bahamas’ credit rating of BBB+, with the same stable outlook.
Credit Analyst Olga Kalinina has said that major fiscal issues are being addressed, and the tourism and other investment projects provide good prospects for maintaining a stable outlook. In an interview with the Nassau Guardian the Analyst pointed to The Bahamas being well positioned to benefit from the U.S. recovery. Speaking generally to the Caribbean region, she said all policy makers should recognise where the major economic weaknesses are, and look to effective and timely responses.
The Bahamas joins five regional jurisdictions with an investment grade rating, and is ranked third amongst these.