Chetumal, Quintana Roo — Fitch Ratings has upgraded Quintana Roo’s credit rating from A to A+, with a positive outlook, placing the state among only three Mexican entities with such a favorable assessment, Governor Mara Lezama announced.
The international rating agency now ranks Quintana Roo alongside Baja California and Baja California Sur as the only states among the 27 it evaluates in Mexico to hold a positive outlook, indicating a high likelihood of further improvement in the short term due to strong financial and operational indicators.
In just four years, Fitch has raised Quintana Roo’s rating five notches, reaching the highest level since the agency began evaluating the state in 2000. The upgrade reflects solid finances and responsible management, boosting investor and financial institution confidence and ensuring better conditions for public works, infrastructure, services, and social programs.
Governor Lezama attributed the achievement to an honest, transparent government focused on citizen welfare. The improvements were driven by the Ministry of Finance and Planning, led by Martha Parroquín Pérez, through measures to strengthen revenue collection, spending efficiency, and sound public finances.
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