• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Research Update: Burkina Faso 'B/B' Ratings Affirmed On Expectation That Political Unrest Won't Interrupt Donor Inflows; Outlook Stable May 11 Product Image

Research Update: Burkina Faso 'B/B' Ratings Affirmed On Expectation That Political Unrest Won't Interrupt Donor Inflows; Outlook Stable May 11

  • Published: May 2011
  • Standard & Poors

FEATURED COMPANIES

Abstract
President Compaor-, who has been in power since 1987, has been facing significant and unprecedented unrest over the past several months. Burkina Faso's low degree of economic development, narrow economic base, large structural fiscal imbalance, and weak external position constrain the ratings. However, we believe that Burkina Faso's track record of donor backing, multilateral assistance, and moderate, though growing, fiscal debt burden continue to support the credit ratings. We are therefore affirming the 'B/B' long- and short-term sovereign credit ratings on Burkina Faso. The stable outlook balances external and political vulnerabilities against strong donor support. On May 27, 2011, Standard & Poor's Ratings Services affirmed its 'B/B' long- and short-term sovereign credit ratings on Burkina Faso. The outlook remains stable...

Companies mentioned in this report are: Burkina Faso
Action: Affirmed

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the READ MORE >

Burkina Faso

Format Properties
Electronic The report will be emailed to you.
Note: Product cover images may vary from those shown
More

RELATED PRODUCTS