Middle East Economic Survey

VOL. XLVIII

No 42

17-October-2005

tunisia

Tunisia Ratings Supported By Economic Stability But Constrained By High Debt, Says Moodys

In its annual report Tunisia 2005 Credit Analysis, Moodys says the countrys Baa2 foreign-currency debt rating and stable outlook are supported by the economys stability and resilience to external shocks. Despite Tunisias high debt levels, the structure of its external debt (mostly long-term) strengthens the countrys resilience to external...