S&P affirms Bahamas rating, outlook still negative

Reuters

Nov 5 (Reuters) - Standard & Poor's Ratings Services onTuesday affirmed the triple-B/A-2 sovereign credit ratings onThe Bahamas.

The outlook on the long-term credit rating remains negative,the rating service said.

The ratings reflect the "generally prudent policies" andthe negative outlook is due to the "challenges of turning aroundthe fiscal accounts amid low growth and external pressure," S&Psaid.

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