R&I Affirms Mexico’s Sovereign Credit Rating at BBB+ with a Stable Outlook
Rating and Investment Information, Inc. (R&I) affirmed Mexico’s long-term foreign-currency sovereign credit rating at BBB+ with a stable outlook.
The agency highlighted the Government of Mexico’s commitment to fiscal consolidation and the gradual reduction of the deficit, which will help keep public debt on a sustainable and manageable path. It also underscored the strength of Mexico’s export sector, the Government of Mexico’s commitment to fiscal consolidation, and a sustainable debt trajectory.
With this decision, Mexico maintains investment-grade status with all eight credit rating agencies that assess its sovereign debt.
Source: Ministry of Finance and Public Credit (SHCP)
