Moody's upgraded the government of Honduras' credit rating

Moody's Investors Service upgraded the Government of Honduras' credit rating to B1. The rating outlook was moved to stable from positive.

In regards to this recent achievement Luis Jose Kafie, a Honduran entrepreneur stated: "The improvement in the credit rating is good news for our country, since it allows the public sector to obtain better financing terms for their capital investments requirements. It will also bring about more local and foreign private sector investments.

Source: Global News Wire