{"id":365084,"date":"2024-05-02T11:43:28","date_gmt":"2024-05-02T14:43:28","guid":{"rendered":"https:\/\/anba.com.br\/?p=365084"},"modified":"2024-05-02T11:43:32","modified_gmt":"2024-05-02T14:43:32","slug":"outlook-on-brazils-rating-changed-to-positive","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/outlook-on-brazils-rating-changed-to-positive\/","title":{"rendered":"Outlook on Brazil\u2019s rating changed to positive"},"content":{"rendered":"\n

S\u00e3o Paulo \u2013 Credit rating agency Moody\u00b4s <\/strong>revised up its outlook for Brazil\u2019s rating<\/strong> on Wednesday (1), which is currently at Ba2, two notches into junk. The credit score remains the same, but the credit outlook was raised to \u201cpositive\u201d from \u201cstable\u201d, meaning the rating could improve in the future.<\/p>\n\n\n\n

According to the National Treasury of Brazil, this decision marks Moody\u2019s first move since 2018 when the outlook shifted from negative to stable, further \u201creinforcing the improvement in the credit rating trajectory observed since 2023\u201d, with rating upgrades by both S&P<\/a> and Fitch<\/a>. If the change in grade happens, Brazil will be one step away from returning to investment grade, a significant landmark for the country economic stability indicators.<\/p>\n\n\n

\n
\"Brazil's
Haddad: Revision is recognition of change<\/figcaption><\/figure>\n<\/div>\n\n\n

\u201cIf the change in grade happens, Brazil will be one step away from returning to investment grade, a significant landmark for the country economic stability indicators,\u201d the Treasury said.<\/p>\n\n\n\n

Finance Minister Fernando Haddad wrote on social media platform X that Moody\u2019s revision is the recognition of the change for the better of the Brazilian economic outlook. The country is recovering its economic, social, and environmental credibility despite the global economic deterioration scenario, adding, “We have much to do.”<\/p>\n\n\n\n

Investment in Brazil<\/strong><\/h2>\n\n\n\n

The investment grade certifies that the countries are not likely to default on public debt. Below comes the speculative grade, when there is a high probability that the borrower will default on the repayment of principal and interest.<\/p>\n\n\n\n

Read more:<\/em>
Brazil sees sugar production growing 1.3%<\/a>
Global economy to grow 3.2%, IMF says<\/a>
Exports from Brazil to Arab countries climb 29%<\/a><\/p>\n\n\n\n

Superior credit ratings reflect enhance creditworthiness, allowing countries to issue debt at reduced interest rates.<\/p>\n\n\n\n

Translated by<\/strong> Guilherme Miranda<\/strong><\/p>\n

Diogo Zacarias\/Brazil\u2019s Finance Ministry<\/div>","protected":false},"excerpt":{"rendered":"

Rating agency Moody\u2019s maintained the Ba2 credit rate but revised the outlook to positive, meaning it could be raised in the future.<\/p>\n","protected":false},"author":2315,"featured_media":365073,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[49137,4702,49136,49127,49128,4703,49125],"class_list":{"0":"post-365084","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-brazil-credit-rating","9":"tag-moodys","10":"tag-moodys-brazil-rating","11":"tag-nota-brasil-moodys","12":"tag-nota-de-credito-brasil","13":"tag-rating","14":"tag-rating-brasil"},"wps_subtitle":"Rating agency Moody\u2019s maintained the Ba2 credit rate but revised the outlook to positive, meaning it could be raised in the future.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/365084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=365084"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/365084\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/365073"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=365084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=365084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=365084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}