安融（香港）評級確認新加坡共和國“AAA”國際評級；展望:穩定
安融（香港）評級確認新加坡共和國“AAA”國際評級；展望:穩定
05 12 2024
2024年12月05日，中國香港。安融（香港）評級確認新加坡共和國（簡稱“新加坡”）的長期主體評級為“AAA”，展望為“穩定”。
評級結果肯定了新加坡地理位置優越，政治制度完備，政府治理能力很強，政治穩定性高，國際儲備充裕，人均GDP水準高，國民收入位居世界前列，同時也關注了全球宏觀經濟形勢呈現出複雜多變的態勢，導致新加坡經濟增長面臨不確定性，日益加重的人口老齡化形勢將持續影響新加坡的經濟活力並對公共財政構成壓力。
關鍵評級觀點
優勢
地理位置優越；
政治制度完備，政府治理能力很強，政治穩定性高；
國際儲備充裕，人均GDP水準高，國民收入位居世界前列。
關注
全球宏觀經濟形勢呈現出複雜多變的態勢，導致新加坡經濟增長面臨不確定性；
日益加重的人口老齡化形勢將持續影響新加坡的經濟活力並對公共財政構成壓力。
評級展望
新加坡財政空間充足，充裕的國際儲備和國際淨債權國地位對新加坡政府外幣償債能力形成有力保障。綜合考慮，安融（香港）評級授予新加坡的信用評級展望為穩定。
注：
1、上述評級均為主動評級。
2、本文譯自英文版新聞稿。若有分歧，以英文版為准。
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專案組組長
胡超，執行董事
Huchao@arrating.com
專案組組員
林芮礽，分析師
評審委員會主任
胡超
Huchao@arrating.com
媒體聯繫
complaints@arrating.com
評級服務聯繫
林芮礽
相關信用評級委員會召開日期：2024年12月05日
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相關的評級方法和模型
《主權信用評級方法和模型》（2024年11月28日）
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ARHK Affirms ‘AAA’ International Rating to the Republic of Singapore, Outlook Stable
5 December 2024
Hong Kong, December 5, 2024. ARHK has affirmed an international scale long-term issuer credit rating of ‘AAA’ to the Republic of Singapore (hereinafter referred to as ‘Singapore’), with a stable outlook.
The rating results confirm Singapore's advantageous geographical location, comprehensive political system, strong government governance capability, high political stability, ample international reserves, high per capita GDP level, and national income ranking among the world's top. It also notes the complex and volatile global macroeconomic situation, which creates uncertainty to Singapore's economic growth, and the increasingly severe aging population, which will continue to affect Singapore's economic vitality and put pressure on public finances.
KEY RATING PERSPECTIVES
Strengths
Advantageous geographical location;
Comprehensive political system, strong government governance capability, high political stability;
Ample international reserves, high per capita GDP level, national income ranking among the world's top.
Weaknesses
The complex and volatile global macroeconomic situation creates uncertainty to Singapore's economic growth;
The increasingly severe aging population will continue to affect Singapore's economic vitality and put pressure on public finances.
RATING OUTLOOK
Singapore's fiscal space is ample, and its substantial international reserves and status as a net international creditor provide strong assurance for the Singapore government's foreign currency debt repayment ability. Taking all factors into consideration, ARHK assigns a stable outlook to the credit rating of Singapore.
NOTE:
1. The above ratings are all unsolicited credit ratings.
2. The Chinese version of this article is translated from the English version of the press release. In case of discrepancies, the English version shall prevail.
ANALYST CONTACTS
Analyst
Lam Yui Ying
Committee Chair
James Hu
Media Contact
Rating Services Contact
Lam Yui Ying
Date of Relevant Rating Committee: 5 December 2024
Additional information is available on www.arrating.com
Related Criteria
Sovereign Credit Rating Methods and Models (28 November 2024)
DISCLAIMER
This rating is based on information officially released to the public by the rated objects. The legality, authenticity, completeness, accuracy, and timeliness of the relevant information are the responsibility of the rated objects and its information publishers. ARHK has conducted a prudent analysis of the rating information based on the principles of relevance, timeliness, and reliability, but does not guarantee the legality, authenticity, completeness, accuracy, and timeliness of the above information. The rating results did not take into account non-public information that may have a significant impact on the credit rating and could not be obtained.
Any statements and judgments regarding the credit status of the rated objects in this report are only for reference in relevant decision-making and do not imply that ARHK substantively recommends any user to invest, borrow or lend money, and trade based on this report, nor can they be used as a basis for users to purchase, sell, or hold related financial products. Under no circumstances shall ARHK, as well as its directors, shareholders, employees, or representatives be liable for any damages, expenses, costs, or losses incurred by any investor (including institutional and individual investors) as a result of using the analysis results presented in this report, nor shall they be liable for any consequences arising from the use of this report by the rated objects or their issuers or providing this report to other parties.