As measured by the agency HR Ratings, Yucatán provides greater confidence and certainty for business and investments due to its financial and credit strength and continuous growth, making it one of the most reliable in México. According to the company, it is considered a state “with high credit quality. It offers great safety for timely payment of debt obligations. Likewise, it maintains very low credit risk in economic risk scenarios. “
In their latest review, on June 30, 2017, with an HR “AA-” score with a stable outlook, the agency ranks Yucatan as one of the states with the highest rating in the matter. This evaluation represents a significant growth compared to previous years. Additionally, since its founding 10 years ago, this is the highest mark the rating agency has given to Yucatan. During its 2012 evaluation, the state’s mark was HR “A”. It continued showing improvement during the second year of Governor Rolando Zapata Bello’s administration, as it increased up to HR “A+.
Some of the aspects analyzed by HR Ratings are the main debt ratios, rhythm, the reduction of financial obligations without cost, and a good performance in regards to primary balance. The firm stated that Yucatán had 4.1 percent less in total expenditure than what was expected.
SOURCE: La Revista Peninsular
more recommended stories
Delta says shutdown is costing $25m USD in January revenue
DALLAS (AP) — Delta Air Lines.
Museum of Pulque to open up in Mexico City
Some beverages deserve special recognition. Pulque.
Aeromexico trolls Americans with ad about debate over the wall
Aeroméxico, Mexico’s large airline, is taking.
21 dead, 71 burned in fire at illegal tap into Mexico fuel pipeline
A huge fire exploded at a.
Maya women stand out for their community
A group of women from San.
Yucatan is ready for the Mérida Triathlon 2019
“Yucatan is ready for the sixth.
Largest-ever group of migrant families tunnels under Yuma, Arizona, border fence
TUCSON, Ariz. – The largest single.
Owner of Grupo Soriana found executed in Torreón, Coahuila
Torreón, Coahuila, Mexico.-On Friday January 18th,.
Controversy over raise on Chichen Itza’s admission fee continues
“The truth is that tourists are.
Total lunar eclipse upon the Yucatán Peninsula on Sunday, January 20th, 2019
The first — and only —.