{"id":38418,"date":"2022-03-18T21:03:14","date_gmt":"2022-03-18T21:03:14","guid":{"rendered":"https:\/\/www.africanchallenges.com\/?p=38418"},"modified":"2022-03-18T21:08:02","modified_gmt":"2022-03-18T21:08:02","slug":"tunisie-lagence-de-notation-fitch-ratings-degrade-la-note-de-defaut-emetteur-a-long-terme-en-devises-de-la-tunisie-de-b-avec-perspectives-negatives-a-ccc","status":"publish","type":"post","link":"https:\/\/www.africanchallenges.com\/?p=38418","title":{"rendered":"Tunisie : L\u2019agence de notation, Fitch Ratings d\u00e9grade la note de d\u00e9faut \u00e9metteur \u00e0 long terme en devises de la Tunisie de &lsquo;B-&lsquo; avec perspectives n\u00e9gatives \u00e0 CCC"},"content":{"rendered":"\n\n\n\n\n<p class=\"wp-block-paragraph\">L\u2019agence de notation, Fitch Ratings, a abaiss\u00e9, vendredi 18 mars 2022, la note de d\u00e9faut \u00e9metteur \u00e0 long terme en devises de la Tunisie de &lsquo;B-&lsquo; avec perspectives n\u00e9gatives \u00e0 CCC. Cette d\u00e9cision est motiv\u00e9e par les retards accus\u00e9s dans la conclusion d\u2019un accord avec le Fonds mon\u00e9taire international (FMI).&nbsp;Que signifie concr\u00e8tement cette d\u00e9gradation de la notation souveraine&nbsp;?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fitch Ratings, comme d\u2019autres \u00e9tablissements, notamment Moody\u2019s, a pour r\u00f4le d\u2019\u00e9valuer la capacit\u00e9 d\u2019une entit\u00e9 \u00e0 honorer ses engagements financiers. Dans le cas de la Tunisie, les agences de notation \u00e9tudient le risque de non-remboursement des emprunts du pays.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Les bailleurs de fonds et institutions financi\u00e8res internationales, tels que le FMI et la Banque mondiale, s\u2019appuient sur ces notations lors de l\u2019\u00e9laboration d\u2019accords de pr\u00eats et de projets avec les Etats. Les notations sont, donc, un passage obligatoire pour l\u2019ensemble pays du monde. La note d\u00e9terminera ainsi le taux d\u2019int\u00e9r\u00eat des pr\u00eats contract\u00e9s par le pays. Plus la note baisse, plus le taux sera \u00e9lev\u00e9.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">La d\u00e9gradation de la notation \u00e0 CCC, veut dire que la Tunisie a \u00e9t\u00e9 class\u00e9e pays \u00ab&nbsp;Hautement sp\u00e9culatif&nbsp;\u00bb. Cette cat\u00e9gorie suppose des risques s\u00e9rieux d&rsquo;incidents de paiement, extr\u00eamement s\u00e9rieux pour les pays class\u00e9s CCC. Cela signifie que la capacit\u00e9 de paiement durable des engagements financiers sera vuln\u00e9rable, d\u00e9pendant fortement de la situation \u00e9conomique.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Les notes de souverainet\u00e9 sont class\u00e9es selon une \u00e9chelle allant de \u2018\u2019AAA\u2019\u2019 (Premi\u00e8re qualit\u00e9) \u00e0 \u2018\u2019C\u2019\u2019 pour Moody\u2019s et \u2018\u2019D\u2019\u2019 pour Fitch Rating et Standard &amp; Poor\u2019s (en d\u00e9faut de paiement).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Du 14 janvier 2011 au 8 juillet 2021, la note de la Tunisie aupr\u00e8s de Fitch Ratings est pass\u00e9e de BBB- \u00e0 CCC et de Baa3 \u00e0&nbsp;<a href=\"mailto:https:\/\/www.businessnews.com.tn\/moodys--la-tunisie-passe-de-b3-a-caa1,519,113080,3\" target=\"_blank\" rel=\"noreferrer noopener\">Caa1 pour Moody\u2019s<\/a>. Ceci signifie qu\u2019elle est pass\u00e9e de \u2018\u2019Qualit\u00e9 moyenne inf\u00e9rieure\u2019\u2019 \u00e0 \u2018\u2019Tr\u00e8s sp\u00e9culatif\u2019\u2019.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Selon les experts, la baisse de la note souveraine peut avoir lieu en l\u2019espace de deux ann\u00e9es, ce qui est actuellement le cas de la Tunisie. Or, la hausse d\u2019un grade peut prendre jusqu\u2019\u00e0 dix ans.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"615\" height=\"783\" src=\"https:\/\/www.africanchallenges.com\/wp-content\/uploads\/2022\/03\/Fitch-Ratings2.jpg\" alt=\"\" class=\"wp-image-38421\" srcset=\"https:\/\/www.africanchallenges.com\/wp-content\/uploads\/2022\/03\/Fitch-Ratings2.jpg 615w, https:\/\/www.africanchallenges.com\/wp-content\/uploads\/2022\/03\/Fitch-Ratings2-236x300.jpg 236w\" sizes=\"(max-width: 615px) 100vw, 615px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>L\u2019agence de notation, Fitch Ratings, a abaiss\u00e9, vendredi 18 mars 2022, la note de d\u00e9faut \u00e9metteur \u00e0 long terme en devises de la Tunisie de &lsquo;B-&lsquo; avec perspectives n\u00e9gatives \u00e0 CCC. Cette d\u00e9cision est motiv\u00e9e par les retards accus\u00e9s dans la conclusion d\u2019un accord avec le Fonds mon\u00e9taire international (FMI).&nbsp;Que signifie concr\u00e8tement cette d\u00e9gradation de [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":38419,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","video":"","gallery":"","source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":""},"jnews_override_bookmark_settings":[],"jnews_review":[],"enable_review":"","type":"","name":"","summary":"","brand":"","sku":"","good":[],"bad":[],"score_override":"","override_value":"","rating":[],"price":[],"jnews_post_split":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-38418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.africanchallenges.com\/index.php?rest_route=\/wp\/v2\/posts\/38418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africanchallenges.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africanchallenges.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africanchallenges.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africanchallenges.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38418"}],"version-history":[{"count":3,"href":"https:\/\/www.africanchallenges.com\/index.php?rest_route=\/wp\/v2\/posts\/38418\/revisions"}],"predecessor-version":[{"id":38424,"href":"https:\/\/www.africanchallenges.com\/index.php?rest_route=\/wp\/v2\/posts\/38418\/revisions\/38424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africanchallenges.com\/index.php?rest_route=\/wp\/v2\/media\/38419"}],"wp:attachment":[{"href":"https:\/\/www.africanchallenges.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africanchallenges.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africanchallenges.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}