Panama's credit outlook has been downgraded by Moody's Ratings from stable to negative, indicating a potential shift towards junk status for the country.
Despite concerns about the deterioration of its fiscal accounts, Panama's rating has been maintained at Baa3, the lowest tier of investment-grade.
This downgrade aligns with S&P Global Ratings' recent assessment, which also downgraded Panama's debt. These changes reflect increasing concerns about the country's financial stability and its ability to effectively manage fiscal challenges.