Latest in Tag: Standard & Poor Highlight
Latest in Tag: Standard & Poor
S&P maintains Egypt’s ‘B-B’ credit rating, stable outlook
Ratings remain constrained by wide fiscal deficits, high public debt, low income levels, gross external financing needs
S&P’s upgrade of credit rating confirms Egypt is on right path: El-Garhy
Minister of Finance Amr El-Garhy welcomed the Friday decision of Standard & Poor’s (S&P) to raise Egypt’s credit rating to B from B-, stressing that this step confirms that the state is on the right path and asserts confidence in the Egyptian economic reform programme. El-Garhy added that the decision will contribute to attracting more …