S&P affirms Belize at 'B-/B', outlook is stable

Wed Nov 27, 2013 1:34pm EST

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Nov 27 (Reuters) - Standard & Poor's Ratings Services on Wednesday affirmed the B-minus/single-B foreign and local currency long- and short-term ratings on Belize.

The rating outlook is stable.

S&P said the ratings reflect the country's lingering high government debt and interest burden, and the vulnerability of its external debt service to external or fiscal shocks.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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