VOL. XLII

No. 27

5-July-1999

TUNISIA

Moodys Assigns Tunisia Baa2 Issuer Rating To Tunisia

US ratings agency Moodys Investors Service announced on 25June that it had assigned a Baa2 issuer rating to the Republic of Tunisia forlocal currency-denominated government obligations. (Tunisias foreign currencydebt is rated at Baa3). According to a statement from the agency, the ratingsreflect consistently sound economic policy since the late 1980s, when thereform process began. Tunisias economy is...