The canton of Geneva has been awarded a double A credit rating by the US firm Standard and Poors.
The Finance Department says the high rating is a record.
But the canton wants to further improve. The double A rating is the second highest, it has its aims on securing the top rating of a triple A – which is the level of the Confederation.
In a press release, the canton says if the Geneva economy continues to fuel the growth of taxation – that will further secure the state’s finances.
Standard and Poors is one of the main rating agencies in the world.
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