Moody’s Maintains Mauritius’ Rating at Baa3, Signaling Caution

Business Mauritius has welcomed the decision to uphold the country’s “investment grade.” “This is a significant signal for investors, especially given the current complexity of the global economic landscape. Maintaining this rating is the best possible outcome under the present circumstances,” commented Business Mauritius after Moody’s latest assessment.

The ratings agency has reaffirmed Mauritius’ Baa3 rating, though it comes with a negative outlook.

“It’s important to note that the outlook for the country has shifted from ‘stable’ to ‘negative.’

This indicates Moody’s assessment of ongoing economic trends,” Business Mauritius explained.

“We must ensure that necessary adjustments to our macroeconomic fundamentals, particularly in public debt management, are carried out effectively from this point forward.”

Source: Defi Media