aBulgaria's 'BBB-' rating is supported by its relatively low government debt and improving external balance
sheet,a Fitch said in a rating update on Friday.
By Pratap John Chief Business Reporter Qatar has been able to maintain S&P's /A-1+ rating on the back of strong government and external balance
sheet with modest debt and large external liquidity, said Doha Bank Group CEO, Dr R Seetharaman.
According to the agency, strong government and external balance
sheet with modest levels of debt and large external liquidity coupled with the country's prosperous economy underpinned by large resource endowment, and a track record of prudent and longterm oil and gas resource development, has enabled the country to retain its rating.
In the fourth quarter of 2011, the EU27 external balance
of trade in goods was in deficit by 11.3 billion, compared with a deficit of 30.4 billion for the fourth quarter of 2010.
27 September 2011 - S&P on Monday confirmed its AA/A-1+ sovereign credit ratings on the State of Qatar, citing its robust fiscal and external balance
sheets as one of its credit strengths.
Slow recovery of the global economy might reduce oil prices and consequently worsen the fiscal and the external balance
The resulting significant decline in imports, together with higher-than-expected hydrocarbon prices, have turned the external balance
into a surplus.
With Rating Outlook Stable, Uruguay's ratings are supported by strong structural features in terms of social and institutional development, a healthy external balance
sheet, and a favourable public debt maturity profile.
The key factor supporting Kazakhstan's rating is the strong state and external balance
sheets, which are supported by significant state savings and substantial net foreign assets.
The external balance
is particularly vulnerable given the persistent current account deficits that badly affect the foreign exchange reserves.
| KUWAIT, June 19 (KUNA) -- Global rating agency, Fitch, granted Kuwait an 'AA' rating due to the country's strong sovereign and external balance
sheets for 2012, Kuwait Chamber of Commerce and Industry (KCCI) announced Tuesday.
In the third quarter of 2011, the EU27 external balance
of trade in goods was in deficit by 34.5 billion, compared with a deficit of 31.1 billion in the third quarter of 2010.