S&P Publishes New Analysis on The Bahamas, Warning of Potential Hard Landing
1 report, 1 independent
Updated Mon 00:00
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What happened
S&P published a new analysis on The Bahamas on October 5, 2026. A Bahamian economist commented that the government 'got off easy,' warning the country could face a 'hard landing' next year if issues are not addressed. The analysis noted concerns regarding off-balance sheet spending by the government and governance issues linked to the management of the National Investment Fund.
From tribune242.com
Why it matters
The review highlighted the likelihood that the government would miss its forecast budget surpluses for both the prior fiscal year and the current 2026-2027 period. Furthermore, the analysis noted dangers posed by guarantees provided to underwrite debt repayments for loss-making state-owned enterprises.
From tribune242.com
Who's involved
- S&PCredit rating agency whose analysis of The Bahamas was published.