Investment Corporation/ S&P announces that it will cause a downgrade of its debt rating

03/04/2020 2:14 PM 0 komente

The Standard & Poor’s Rating Agency (S&P) has announced that it will lower Albania’s public debt rankings from the stable level currently estimated, due to the materialization of the risks that may come from activating the Investment Corporation and PPP – which may create an off-balance sheet liability. S&P notes that the Albanian government, by setting up a Strategic Investment Corporation, which aims to divert some of its capital expenditures outside the administration of the budget and the Ministry of […]

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