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Halkitis – Government Expected S&P’s Negative Outlook

Minister of State in the Ministry of Finance Hon. Michael Halkitis said that the S&P's warning of a downgrade of The Bahamas' financial outlook from stable to negative was expected. 

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Date:
Updated:
TheBahamasInvestor.com
Tuesday, September 25, 2012
Tuesday, September 25, 2012

Minister of State in the Ministry of Finance Hon. Michael Halkitis said that the S&P’s warning of a downgrade of The Bahamas’ financial outlook from stable to negative was expected.

Following Standard & Poor's Rating Service's revision of The Bahamas' outlook from stable to negative, the Ministry of Finance has released a statement. Read the statement here.

Higgs & Johnson believes that the new Smart Fund Model 007 is a welcome addition to the innovative financial products already offered by The Bahamas.

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