Urgent: Following the coup, Burkina Faso’s rating drops to CCC/C

The coup in Burkina Faso orchestrated by a junta dubbed the “Patriotic Movement for Safeguarding and Restoration” (MPSR) has caused the country’s ‘B/B’ rating to be downgraded sharply to the highly speculative category of ‘CCC+\C’ from Standard and Poor’s. The measure is accompanied by a surveillance. In the hands of the military since January 24,…...