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Standard & Poor's confirms its credit rating of Iraq at B- / B with a stable outlook

rocky
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Standard & Poor's confirms its credit rating of Iraq at B- / B with a stable outlook Empty Standard & Poor's confirms its credit rating of Iraq at B- / B with a stable outlook

Post by rocky on Sat 24 Aug 2019, 3:23 am

[size=35][size=35]Standard & Poor's confirms its credit rating of Iraq at B- / B with a stable outlook[/size]
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Economie

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2019-08-24 | 03:41
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[size=18]Standard & Poor's has confirmed its credit rating for Iraq at B- / B with a stable outlook.


The agency predicted that [You must be registered and logged in to see this link.] will record a budget deficit in 2019 and the coming years, due to the decline in oil prices and the needs of large spending. 

Standard & Poor's also forecast that growth in [You must be registered and logged in to see this link.] will recover in 2019, supported by expected increases in oil production and a gradual recovery of non-oil economic activity.







The agency said it could cut its ratings for Iraq if the government increased spending beyond its expectations.


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rocky
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Standard & Poor's confirms its credit rating of Iraq at B- / B with a stable outlook Empty Standard & Poor's confirms its credit rating of Iraq at B- / B with a stable outlook

Post by rocky on Sat 24 Aug 2019, 6:50 am

[size=36]Standard & Poor's confirms its credit rating of Iraq at B- / B with a stable outlook[/size]



[size=36]Economy | 01:55 - 24/08/2019[/size]


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BAGHDAD - 
Standard & Poor's confirmed its credit rating for Iraq at B- / B with a stable outlook. 
The agency predicted that Iraq will record a budget deficit in 2019 and the coming years, due to the decline in oil prices and the needs of large spending. 
Standard & Poor's also forecast that growth in Iraq will recover in 2019, supported by expected increases in oil production and a gradual recovery of non-oil economic activity. 
The agency said it could cut its ratings for Iraq if the government increased spending beyond its expectations


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    Current date/time is Sun 15 Sep 2019, 7:41 pm