The credit rating agency highlighted Macau’s strong fiscal and external positions as key drivers behind the decision.
Macau.- Moody’s Investors Service has upgraded Macau’s credit outlook from negative to stable. It’s also reaffirmed the city’s long-term issuer rating at Aa3, maintaining its position within high investment grade.
According to the statement released by the Monetary Authority of Macao, the rating agency highlighted Macau’s strong fiscal and external positions as key drivers behind the decision. The SAR’s lack of outstanding government debt and significant financial reserves were cited as major strengths, providing substantial capacity to withstand external shocks.
Moody’s also pointed to Macau’s close economic and financial links with mainland China. The revision follows the agency’s recent move to upgrade China’s outlook to stable. The Aa3 rating, the fourth-highest in Moody’s scale, indicates very low credit risk and a strong ability to meet financial obligations.
The credit rating agency highlighted Macau’s strong fiscal and external positions as key drivers behind the decision. Macau.- Moody’s Investors Service has upgraded Macau’s credit outlook from negative to stable. It’s also reaffirmed the city’s long-term issuer rating at Aa3, maintaining its position within high investment grade. According to the statement released by the Monetary…
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