{"id":4073,"date":"2017-07-13T15:58:52","date_gmt":"2017-07-13T15:58:52","guid":{"rendered":"https:\/\/www.bahamastradeinfo.gov.bs\/buy\/?p=4073"},"modified":"2017-12-20T07:56:14","modified_gmt":"2017-12-20T07:56:14","slug":"rolle-investments-will-not-immediately-impacted-downgrade","status":"publish","type":"post","link":"https:\/\/www.bahamastradeinfo.gov.bs\/buy\/2017\/07\/13\/rolle-investments-will-not-immediately-impacted-downgrade\/","title":{"rendered":"Rolle: Investments will not be Immediately Impacted by a Downgrade"},"content":{"rendered":"<p>In the event of another downgrade to The Bahamas\u2019 credit rating, Central Bank Governor John Rolle explained that investment opportunities in the pipeline or coming on-board would not be immediately impacted.<\/p>\n<p>Rolle\u2019s comments came on the heels of an announcement by international ratings agency Moody\u2019s that it will review The Bahamas\u2019 Baa3 credit rating for downgrade.<\/p>\n<p>Speaking with Guardian Business yesterday, Rolle pointed out the possible implications for the public and private sectors if the rating is lowered.<\/p>\n<p>\u201cThe government is most on the receiving end, because the credit rating filters into the government\u2019s borrowing cost,\u201d said Rolle.<\/p>\n<p>Minister of Finance Peter Turnquest told Guardian Business that another downgrade could make it \u201cmore difficult\u201d for the new government to carry out its campaign promises, including its slate of proposed tax relief.<\/p>\n<p>Rolle went on to explain the impact of a downgrade on investments in the private sector, noting that opportunities would not \u201csuddenly vanish\u201d in the wake of a change in the credit rating.<\/p>\n<p>\u201cFor the private sector, what continues to matter is whether the economy is evolving satisfactorily, independently of the government\u2019s credit rating,\u201d he said.<\/p>\n<p>Read More here:\u00a0<a href=\"https:\/\/thenassauguardian.com\/2017\/07\/12\/rolle-investments-will-not-be-immediately-impacted-by-a-downgrade\/\">The Nassau Guardian<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the event of another downgrade to The Bahamas\u2019 credit rating, Central Bank Governor John Rolle explained that investment opportunities in the pipeline or coming on-board would not be immediately impacted. Rolle\u2019s comments came on the heels of an announcement by international ratings agency Moody\u2019s that it will review The Bahamas\u2019 Baa3 credit rating for [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":4074,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-4073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rolle: Investments will not be Immediately Impacted by a Downgrade - Buying from the Bahamas<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bahamastradeinfo.gov.bs\/buy\/2017\/07\/13\/rolle-investments-will-not-immediately-impacted-downgrade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rolle: Investments will not be Immediately Impacted by a Downgrade - Buying from the Bahamas\" \/>\n<meta property=\"og:description\" content=\"In the event of another downgrade to The Bahamas\u2019 credit rating, Central Bank Governor John Rolle explained that investment opportunities in the pipeline or coming on-board would not be immediately impacted. Rolle\u2019s comments came on the heels of an announcement by international ratings agency Moody\u2019s that it will review The Bahamas\u2019 Baa3 credit rating for [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bahamastradeinfo.gov.bs\/buy\/2017\/07\/13\/rolle-investments-will-not-immediately-impacted-downgrade\/\" \/>\n<meta property=\"og:site_name\" content=\"Buying from the Bahamas\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-13T15:58:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-12-20T07:56:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bahamastradeinfo.gov.bs\/buy\/wp-content\/uploads\/sites\/2\/2017\/07\/john-rolle-bahamas.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"275\" \/>\n\t<meta property=\"og:image:height\" content=\"183\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cwalker\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cwalker\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.bahamastradeinfo.gov.bs\/buy\/2017\/07\/13\/rolle-investments-will-not-immediately-impacted-downgrade\/\",\"url\":\"https:\/\/www.bahamastradeinfo.gov.bs\/buy\/2017\/07\/13\/rolle-investments-will-not-immediately-impacted-downgrade\/\",\"name\":\"Rolle: Investments will not be Immediately Impacted by a Downgrade - 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