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Institutional Framework Assessments For Local And Regional Governments Outside Of The U.S. Published

LONDON (S&P Global Ratings) Dec. 12, 2024--Currently, three institutional framework (IF) assessments are on a weakening trend and one IF assessment is on an improving trend. All other IF assessments are on a stable trend (see "Institutional Framework Assessments For Local And Regional Governments Outside Of The U.S.," published today).

To date, we assess 55 IFs in 34 countries worldwide. The IF is the set of formal rules and laws, as well as practices, customs, and precedents, that shapes local and regional governments' institutional arrangements and influences their policies in public finance.

This report does not constitute a rating action.

The report is available to RatingsDirect subscribers at www.capitaliq.com. If you are not a subscriber, you may purchase a copy of the report by emailing research_request@spglobal.com. Ratings information can also be found on S&P Global Ratings' public website by using the Ratings search box at www.spglobal.com/ratings. Alternatively, call S&P Global Ratings' Global Client Support Line (44) 20-7176-7176.

Primary Credit Analysts:Felix Ejgel, London + 44 20 7176 6780;
felix.ejgel@spglobal.com
Lisa M Schineller, PhD, New York + 1 (212) 438 7352;
lisa.schineller@spglobal.com
Ryan Tsang, CFA, Hong Kong + 852 2533 3532;
ryan.tsang@spglobal.com
Hugo Soubrier, Paris +33 1 40 75 25 79;
hugo.soubrier@spglobal.com
Methodology Contact:Valerie Montmaur, Paris + 33144207375;
valerie.montmaur@spglobal.com

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