{"id":1816,"date":"2024-07-22T17:18:24","date_gmt":"2024-07-22T21:18:24","guid":{"rendered":"https:\/\/craftedcaribbean.com\/caricris\/?p=1816"},"modified":"2025-04-29T17:19:17","modified_gmt":"2025-04-29T21:19:17","slug":"government-of-the-commonwealth-of-dominica-2","status":"publish","type":"post","link":"https:\/\/craftedcaribbean.com\/caricris\/rating-releases\/government-of-the-commonwealth-of-dominica-2\/","title":{"rendered":"Government of the Commonwealth of Dominica"},"content":{"rendered":"<h2><strong>RATING ACTION:<\/strong><\/h2>\n<p>On June 28, 2024, CariCRIS reaffirmed the ratings for a notional US $25 million debt issue of the <strong>Government of the Commonwealth of Dominica (GOCD) <\/strong>of <em>Cari<\/em><strong>BB<\/strong> (Foreign and Local Currency Rating) on the regional scale<strong>. <\/strong>A stable outlook was assigned.<\/p>\n<p class=\"badge\"><strong>RATING SENSITIVITY FACTORS:<\/strong><\/p>\n<p><strong>\u00a0<\/strong><strong>Factors that could lead to an improvement in the ratings and\/or Outlook include:<\/strong><\/p>\n<ul style=\"list-style-type: disc;\">\n<li data-mce-word-list=\"1\">Growth in real economic activity of 6% or more, sustained for at least 2 years;<\/li>\n<li data-mce-word-list=\"1\">A fiscal surplus of more than 5% of GDP recorded for 2 consecutive fiscal periods.<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><strong>Factors that could lead to a lowering in the ratings and\/or Outlook include: <\/strong><\/p>\n<ul style=\"list-style-type: disc;\">\n<li data-mce-word-list=\"1\">Debt\/GDP ratio exceeding 100% for 2 consecutive years;<\/li>\n<li data-mce-word-list=\"1\">Economic and social disruption caused by natural disasters;<\/li>\n<li data-mce-word-list=\"1\">Material reduction in grants and multilateral funding.<\/li>\n<\/ul>\n<p><strong>Analysts\u2019 Contact Info:<\/strong><\/p>\n<p>Stefan Fortun\u00e9<br \/>\nMobile: 1-868-799-6751<br \/>\n<a href=\"mailto:sfortune@caricris.com\">sfortune@caricris.com<\/a><\/p>\n<p>Carla Ash<br \/>\nMobile : 1-868-713-6794<br \/>\n<a href=\"mailto:cash@caricris.com\">cash@caricris.com<\/a><\/p>\n<p>www.caricris.com<br \/>\n<a href=\"mailto:info@caricris.com\">info@caricris.com<\/a><\/p>\n<p><span style=\"font-size: 8pt;\"><strong>Disclaimer:<\/strong> CariCRIS has taken due care and caution in compilation of data for this product. Information has been obtained by CariCRIS from sources which it considers reliable. However, CariCRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. No part of this report may be published \/ reproduced in any form without CariCRIS\u2019 prior written approval. CariCRIS is also not responsible for any errors in transmission and especially states that it has no financial liability whatsoever to the subscribers\/ users\/ transmitters\/ distributors of this product.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RATING ACTION: On June 28, 2024, CariCRIS reaffirmed the ratings for a notional US $25 million debt issue of the Government of the Commonwealth of Dominica (GOCD) of CariBB (Foreign and Local Currency Rating) on the regional scale. A stable outlook was assigned. RATING SENSITIVITY FACTORS: \u00a0Factors that could lead to an improvement in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"table_tags":[],"class_list":["post-1816","post","type-post","status-publish","format-standard","hentry","category-rating-releases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Government of the Commonwealth of Dominica - CariCRIS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/craftedcaribbean.com\/caricris\/rating-releases\/government-of-the-commonwealth-of-dominica-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government of the Commonwealth of Dominica - CariCRIS\" \/>\n<meta property=\"og:description\" content=\"RATING ACTION: On June 28, 2024, CariCRIS reaffirmed the ratings for a notional US $25 million debt issue of the Government of the Commonwealth of Dominica (GOCD) of CariBB (Foreign and Local Currency Rating) on the regional scale. A stable outlook was assigned. 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