{"id":1975,"date":"2023-06-30T19:06:22","date_gmt":"2023-06-30T23:06:22","guid":{"rendered":"https:\/\/craftedcaribbean.com\/caricris\/?p=1975"},"modified":"2025-05-05T19:07:30","modified_gmt":"2025-05-05T23:07:30","slug":"government-of-the-commonwealth-of-dominica-3","status":"publish","type":"post","link":"https:\/\/craftedcaribbean.com\/caricris\/rating-releases\/government-of-the-commonwealth-of-dominica-3\/","title":{"rendered":"Government of the Commonwealth of Dominica"},"content":{"rendered":"<h2><strong>RATING ACTION:<\/strong><\/h2>\n<p><span style=\"font-family: 'book antiqua', palatino;\">On June 15, 2023, CariCRIS reaffirmed the ratings for a 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.<\/span><\/p>\n<p class=\"badge\"><span style=\"font-family: 'book antiqua', palatino;\"><strong>RATING SENSITIVITY FACTORS:<\/strong><\/span><\/p>\n<p><span style=\"text-decoration: underline; font-family: 'book antiqua', palatino;\"><strong>Factors that could, individually or collectively, lead to an improvement in the ratings and \/or outlook include:<\/strong><\/span><\/p>\n<p><span style=\"text-decoration: underline;\"><span style=\"font-family: 'book antiqua', palatino;\"><strong>Factors that could, individually or collectively, lead to an improvement in the ratings and \/or outlook include:<\/strong><\/span><\/span><\/p>\n<ul style=\"list-style-type: square;\">\n<li><span style=\"font-family: 'book antiqua', palatino;\">Growth in real economic activity of 6% or more, sustained for at least 2 years<\/span><\/li>\n<li><span style=\"font-family: 'book antiqua', palatino;\">A fiscal surplus of more than 5% recorded for 2 consecutive fiscal periods<\/span><\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline;\"><span style=\"font-family: 'book antiqua', palatino;\"><strong>Factors that could, individually or collectively, lead to a lowering of the ratings\/or outlook include:<\/strong><\/span><\/span><\/p>\n<ul style=\"list-style-type: square;\">\n<li><span style=\"font-family: 'book antiqua', palatino;\">Debt\/GDP ratio exceeding 100% for another 2 years<\/span><\/li>\n<li><span style=\"font-family: 'book antiqua', palatino;\">Economic and social disruption caused by natural disasters<\/span><\/li>\n<li><span style=\"font-family: 'book antiqua', palatino;\">Material reduction in grants and multilateral funding<\/span><\/li>\n<\/ul>\n<h5><strong>Analysts\u2019 Contact Info:<\/strong><\/h5>\n<h5><span style=\"font-size: 8pt; font-family: 'book antiqua', palatino;\">Stefan Fortun\u00e9<\/span><\/h5>\n<p><span style=\"font-size: 8pt;\">Mobile : 1-868-<strong>799-6751 <\/strong><\/span><\/p>\n<p><span style=\"font-size: 8pt;\"><a href=\"mailto:sfortune@caricris.com\">sfortune@caricris.com<\/a>\u00a0\u00a0\u00a0<\/span><\/p>\n<h5><span style=\"font-size: 8pt;\">Kyla Balwant<\/span><\/h5>\n<h5><span style=\"font-size: 8pt;\">Tel\u00a0:1-868-627-8879<\/span><\/h5>\n<p><span style=\"font-size: 8pt;\"><a href=\"mailto:kbalwant@caricris.com\">kbalwant@caricris.com<\/a>\u00a0\u00a0 \u00a0<\/span><\/p>\n<p><span style=\"font-size: 8pt;\"><a href=\"http:\/\/www.caricris.com\"><strong>www.caricris.com<\/strong><\/a><strong>\u00a0 <\/strong><\/span><\/p>\n<p><span style=\"font-size: 8pt;\"><strong><a href=\"mailto:info@caricris.com\">info@caricris.com<\/a><\/strong> <\/span><strong>\u00a0<\/strong><\/p>\n<p><span style=\"font-size: 8pt; font-family: 'book antiqua', palatino;\"><strong>Disclaimer<\/strong><strong>:<\/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","protected":false},"excerpt":{"rendered":"<p>RATING ACTION: On June 15, 2023, CariCRIS reaffirmed the ratings for a 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: Factors that could, individually or collectively, lead to an improvement [&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-1975","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-3\/\" \/>\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 15, 2023, CariCRIS reaffirmed the ratings for a 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. 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