S&P Global Credit Ratings moved Mississippi’s outlook to “stable” from “negative,” and the state reported a record $1 billion in interest income in 2025, Gov. Tate Reeves and State Treasurer David McRae said Monday.
Reeves and McRae said Mississippi averaged $39 million annually in investment earnings in the five years before they took office. They attributed the increase to conservative, results-driven financial management and pro-growth policies.
Gov. Tate Reeves said the improvements reflect the state’s broader economic progress. “This is more great news for Mississippi and it proves our hard work is paying off,” Reeves said, adding that his administration has finalized a record-breaking $70 billion in new capital investment in the state.
State Treasurer David McRae said the administration’s fiscal approach is strengthening the state’s balance sheet. “By managing taxpayer dollars responsibly and making smart investments, we are strengthening our state’s balance sheet and building momentum for long-term economic growth,” McRae said, and he thanked Reeves for his financial leadership.
Reeves and McRae said the improved outlook should help lower borrowing costs for the state, stretch taxpayer dollars and allow Mississippi to invest more in priorities that support economic growth.
Jon Ross Myers is the executive editor and publisher of the Mississippi News Network, Mississippi's largest digital only media company. He can be reached at editor@tippahnews.com
