{"id":8243,"date":"2011-05-03T08:36:42","date_gmt":"2011-05-03T12:36:42","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=8243"},"modified":"2011-05-03T08:36:42","modified_gmt":"2011-05-03T12:36:42","slug":"bahamas-in-danger-of-losing-b-credit-rating","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2011\/05\/bahamas-in-danger-of-losing-b-credit-rating","title":{"rendered":"Bahamas In Danger Of Losing B+ Credit Rating"},"content":{"rendered":"<p>Progressive Liberal Party (PLP) MP Alfred Sears yesterday expressed serious concerns over the country\u2019s deteriorating fiscal situation and warned that The Bahamas is in danger of losing its triple B+ credit rating.<\/p>\n<p>Mr. Sears said The Bahamas&#8217; fiscal affairs are deteriorating and there is no plan to grow the economy.<\/p>\n<p>&#8220;This may be our last chance to borrow money where we have a [triple] B+ rating. We know we don\u2019t have an A+ rating anymore, so it means that money is more expensive today than it would have been three years ago,&#8221; he said.<\/p>\n<p>&#8220;Clearly, given the trend in the country because we are not expanding the productive sectors of our economy, we stayed [with] the same tourism and financial services, [which] means it\u2019s very likely that our rating will drop and borrowing money will be that more expensive.&#8221;<\/p>\n<p>Mr. Sears was a guest on the Love 97 talk show, Jones &amp; Company yesterday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Progressive Liberal Party (PLP) MP Alfred Sears yesterday expressed serious concerns over the country\u2019s deteriorating fiscal situation and warned that The Bahamas is in danger of losing its triple B+ credit rating.<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[98,40],"class_list":["post-8243","post","type-post","status-publish","format-standard","hentry","category-business","tag-financial","tag-government"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/8243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=8243"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/8243\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=8243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=8243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=8243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}