Plenary session of the Regional Council in public meeting: Fitch Ratings attests to good financial management.

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Good news accompanies todayโ€™s public session: Fitch Ratings confirms the sound financial management of the Region Sud.

Indeed, the rating agency Fitch Ratings has just confirmed the sound financial management of the Region Sud by changing the institution’s financial outlook from “stable” to “positive”.


Fitch notes that the debt reduction capacity improved in 2018 and indicates that the long-term ratings of Provence-Alpes-Cรดte d’Azur could be upgraded if the improvement in debt ratios observed in 2018 proves to be structural.

The Region has worked to improve the three fundamental indicators of the community, namely the gross savings rate (from 15.4% to 17.4%), the debt reduction capacity (7.9 years compared to 9.1 years), and debt control (11% reduction in the borrowed volume between 2018 and 2019 and a slowdown in the progression of accumulated debt over the last 25 years).

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