{"id":2646,"date":"2022-07-06T18:45:03","date_gmt":"2022-07-06T22:45:03","guid":{"rendered":"https:\/\/craftedcaribbean.com\/caricris\/?p=2646"},"modified":"2025-06-29T18:45:59","modified_gmt":"2025-06-29T22:45:59","slug":"government-of-the-commonwealth-of-dominica-5","status":"publish","type":"post","link":"https:\/\/craftedcaribbean.com\/caricris\/rating-releases\/government-of-the-commonwealth-of-dominica-5\/","title":{"rendered":"Government of the Commonwealth of Dominica"},"content":{"rendered":"<h2><strong>RATING ACTION:<\/strong><\/h2>\n<p>On June 15, 2022, CariCRIS reaffirmed the assigned ratings to 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>The stable outlook was maintained.<\/p>\n<p class=\"badge\"><strong>RATING SENSITIVITY FACTORS:<\/strong><\/p>\n<p><strong>Factors that could, individually or collectively, 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 economic activity of 5% or more above pre-Hurricane Maria levels, sustained for at least 3 years<\/li>\n<li data-mce-word-list=\"1\">A fiscal surplus of more than 5% recorded for 2 consecutive fiscal periods<\/li>\n<\/ul>\n<p><strong>Factors that could, individually or collectively, lead to a lowering of the ratings\/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 another 2 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<\/p>\n<p>Mobile : 1-868-<strong>799-6751<\/strong><\/p>\n<p><a href=\"mailto:sfortune@caricris.com\">sfortune@caricris.com<\/a><\/p>\n<p>Kyla Balwant<\/p>\n<p><a href=\"mailto:kbalwant@caricris.com\">kbalwant@caricris.com<\/a><\/p>\n<p><a href=\"http:\/\/www.caricris.com\"><strong>www.caricris.com<\/strong><\/a><strong>\u00a0 <\/strong><\/p>\n<p><strong><a href=\"mailto:info@caricris.com\">info@caricris.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RATING ACTION: On June 15, 2022, CariCRIS reaffirmed the assigned ratings to 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. The stable outlook was maintained. RATING SENSITIVITY FACTORS: Factors that could, individually or collectively, lead to an [&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-2646","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-5\/\" \/>\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, 2022, CariCRIS reaffirmed the assigned ratings to 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. The stable outlook was maintained. 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