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{Fitch} amends Iraq's credit and financial rating
- Time: 06/25/2021 15:37:29
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{Economic: Al Furat News} The credit rating agency, "Fitch", announced the amendment of the rating of the State of Iraq to a stable condition, confirming its rating at the degree of "B-".
The useful summary.. In important news, you can find it in the Euphrates News channel on the telegram.. [You must be registered and logged in to see this link.]
In its report, the agency stated that this amendment reflects the future outlook for Iraq's use of foreign reserves.
The agency expected that the debt ratio of Iraq’s GDP will decrease in 2021 to 74%, before a gradual rise towards 80% in the medium term, noting that political risks internally and externally affect Iraq’s credit rating.
In its report, Fitch agency expressed the possibility of stabilizing Iraq's foreign reserves in 2021, with the rise in the price of oil and a decrease in the current account deficit.
[You must be registered and logged in to see this link.]
{Economic: Al Furat News} The credit rating agency, "Fitch", announced the amendment of the rating of the State of Iraq to a stable condition, confirming its rating at the degree of "B-".
The useful summary.. In important news, you can find it in the Euphrates News channel on the telegram.. [You must be registered and logged in to see this link.]
In its report, the agency stated that this amendment reflects the future outlook for Iraq's use of foreign reserves.
The agency expected that the debt ratio of Iraq’s GDP will decrease in 2021 to 74%, before a gradual rise towards 80% in the medium term, noting that political risks internally and externally affect Iraq’s credit rating.
In its report, Fitch agency expressed the possibility of stabilizing Iraq's foreign reserves in 2021, with the rise in the price of oil and a decrease in the current account deficit.
[You must be registered and logged in to see this link.]
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