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S&P affirms Barbados
Standard & Poor's said it affirmed its BBB+/A-2 foreign currency and A-/A-2 local currency sovereign credit ratings on Barbados.
The outlook remains stable.
The agency said that the ratings weigh the country's social cohesion and political stability as well the fiscal flexibility provided by the National Insurance Scheme surpluses against the vulnerabilities posed by the narrowness of the economic base and sizeable external imbalances.
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