Dhaka
Moody’s Investors Service has declared a stable credit rating and a persistent long-term outlook for Bangladesh. In a statement released following a recent review, the global rating agency anticipates no significant shifts in the country’s creditworthiness or its ability to fulfill financial obligations. Despite this stability, Bangladesh’s credit rating remains at B1, denoting a non-investment grade. This affirmation follows Moody’s earlier downgrade in May, where the country transitioned from the Ba3 category to the current B1 status. The decision to uphold the B1 rating indicates a cautious approach to Bangladesh’s economic standing, signaling concerns despite the overall stable outlook. Moody’s continues to closely monitor the economic landscape of the country, reflecting the dynamic nature of global economic conditions.
