Fiji Times Logo

Fiji Time: 7:53 PM on Friday 22 August

/ Front page / News

Positive outlook

Timoci Vula
Saturday, February 16, 2013

MOODY'S Investors Service has affirmed the B1 foreign and local currency long-term bond ratings for the Fijian government.

Its report released on Thursday, signed by Moody's vice president and senior analyst Christian de Guzman, stated that the ratings outlook had been changed to stable from negative.

"The key drivers for the decisions are improved fiscal and macroeconomic outcomes, and the demonstrated stability of the external payments position," Mr Guzman said.

He said the investors rating service also affirmed Fiji's long-term foreign currency (FC) bond and deposit ceiling at Ba3 and B2, respectively.


Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Today's Most Read Stories

  1. Dad's cry for justice
  2. Death unacceptable, say parties
  3. Death of suspect sparks inquiry
  4. Prince, Princess crowned
  5. Home for widows
  6. College marks another milestone
  7. Free check-ups
  8. LTA buys tools
  9. 3 hospitalised for burns
  10. $300m for flood mitigation

Top Stories this Week

  1. The murder which shocked the nation Tuesday (19 Aug)
  2. Dad's cry for justice Friday (22 Aug)
  3. Bag full of cash Monday (18 Aug)
  4. 12 go out Wednesday (20 Aug)
  5. Why the GCC Monday (18 Aug)
  6. Inquiry into video Wednesday (20 Aug)
  7. State audit Tuesday (19 Aug)
  8. Chaudhry files 42 nominations for election Tuesday (19 Aug)
  9. Robbery suspect dies in hospital Thursday (21 Aug)
  10. Love, a new revelation Thursday (21 Aug)