MFEM defends credit rating upgrade amid data concerns

The Ministry of Finance and Economic Management (MFEM) has defended the Cook Islands’ S&P credit rating upgrade to BB-minus as a result of deliberate fiscal discipline, dismissing critics who argue the improvement relies on New Zealand’s institutional standing and masks serious deficiencies in transparency and audited data. The post MFEM defends credit rating upgrade amid data concerns appeared first on Cook Islands News.

4/20/2026 11:17:15 AM Read more