Fitch Ratings upgraded Quintana Roo from BBB+(mex) to A(mex), citing strong tourism growth, infrastructure projects, and improved local revenues in its evaluation of Quintana Roo finances.
Fitch Ratings has upgraded Quintana Roo’s long-term national scale credit rating from “BBB+(mex)” to “A(mex)”, citing the state’s exceptional financial management and robust economic outlook. The upgrade reflects confidence in Quintana Roo’s ability to generate sufficient revenues, maintain low debt levels, and preserve liquidity amid ongoing investments in key sectors.
The international agency pointed to tourism as . . .
