Fitch Ratings has upgraded Tunisia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’, from ‘CCC-‘. Fitch typically does not assign Outlooks to issuers with a rating of ‘CCC+’ or below. “The upgrade reflects our increased confidence in the government’s ability to meet its large fiscal financing needs,” the agency said, attributing the upgrade to “Tunisia’s […]

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