VOL. XLVI

No 4

27-January-2003

TUNISIA

S&P Affirms Tunisia Sovereign Ratings And Stable Outlook

Ratings agency Standard & Poors (S&P) has affirmed Tunisias sovereign ratings and stable outlook, citing the countrys fiscal discipline despite the economic slowdown in 2002. Tunisias long-term foreign currency rating stands at BBB and its short-term foreign currency rating is A-3, while the long and short-term local currency ratings stand at A and A-1 respectively. S&P added that...