S&P B+, B, B- (Non Investment Grade Bonds, i.e. Junk Bonds): Bonds that are not considered to be attractive investments. Little assurance of long term payments.MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it affirmed its 'B+' long-term foreign and local currency and 'B' short-term foreign and local currency sovereign credit ratings on the Kingdom of Cambodia.
S&P said the ratings are supported by the country's record of strong growth in a framework of prudent macroeconomic policies and continued engagement of international donors, in addition to the concessional nature and favorable terms of Cambodia's debt that ensures continued external liquidity improvement.
However, the ratings on Cambodia are constrained by vulnerability of growth and external liquidity due to the country's underdeveloped and narrow economic profile, S&P said.
The outlook remains stable, but could improve if the government implements measures to boost the chronically low revenue collection.
11 comments:
"B+" is great. Next is to set our goal for "A-", then "A", then "A+".
Thanks to all for your dedication and sacrifices to make Cambodia a great and respectable country again.
How about that, Sam Rainsy?
Those interested should also visit www.about-cambodia.blogspot.com for more objective commentary than what you can read here.
I just read your response to Dr. Lao's article, Free-Thinker, and it sounds fair enough. However, I disagree with you on worshiping democracy form of government. It had been said the US that it is not the best form of government, but the best thing they got to work with. Thus, we should be more open minded about our future, and not to set goal on something that has so much flaws, not to mention it was invented by the Greek and companies that abused slaves.
What 12:29AM did you talk about Vienamese history? You shit head PHD smellee!
12:29 just for your information beside Vietnamese informed you!
1) American democracy is the best right now just like its tecnology and every thing else!
2) May what started from the begining, I do not understand about the ( Greek), but American democracy is so good that right now there is no slave in the country and an even the nationalized citizen are counted equal and allowe to vote!
Wrong, the US democracy abused slaves in order to get ahead, just like their ancestor (the UK) invaded and robbed people to get ahead.
At least they don't sell 4-7 years old kids to be slaves of the brothels like Hun Sen's government.
Wrong, the US did sell everything. The bad thing is they did it deliberately, and we didn't.
congratulations, cambodia for improvement from an 'F' to a 'B+'. it's a huge achievement in such a short time frame, and always can do more and better! god bless you.
it's always good to keep looking for improvement, cambodia. congratulations on your leap forward in such a fast pace as the opposition people are demanding. great job! and please keep up the great work, cambodia! obviously, the entire world can see the huge differences and improvements cambodia shows in such a short time frame. i don't think any country in the world can do the same as cambodia is doing right at this pace of changes. god bless cambodia.
Wrong, we got screwed big time for doing what you said, 2:40.
Post a Comment