The Government of Guam's credit watch that included negative implications over the past three months has been removed. 

Governor's spokesperson Krystal Paco-San Agustin announcing S&P Global Ratings affirmed all government ratings, assigning a positive outlook to Guam's credit profile. 

The general obligation debt rating is BB-, reflecting a careful balance between strong fiscal fundamentals and the challenges inherent in managing an elevated debt and liability profile. 

The Business Privilege Tax and Section 30 revenue bonds sits at BB and appropriation-backed certificates of participation is B+ is noted as a benefit from stable pledged revenue and robust credit quality.

Acting Governor Josh Tenorio says, “This achievement reflects our collaborative efforts to balance economic growth with responsible budgeting, and we are confident that it will serve as a strong foundation for future progress.”