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Egypt's credit rating was revised for the first time in 6 years
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Economy News _ Baghdad Standard & Poor's Ratings has revised Egypt's credit rating from B to B.The institution said less than 8 hours after an official statement from the International Monetary Fund on the findings of the second audit mission, carried out by experts from the Fund after the end of its mission in Cairo, it changed its view of Egypt from stable to positive, Time since 2011.The Foundation said that the report of the second mission of the IMF that visited Cairo last week indicates positive progress in the implementation of the program of economic and social reform in Egypt, which reflected positively on a number of files that the government is implementing. |
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