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Standard & Poor's" proving "Iraq" rating when -B / B
February 27, 2016
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Direct: set the credit rating agency "Standard & Poor's" Friday classified State of Iraq when B- / B despite lower oil price expectations and given a stable outlook.
The agency said in a statement seen it directly, that Iraq's economy is slowing down due to the sharp fall in oil prices and revenues and expenses associated with it in the budget and weak governance.
She said the decline in the price of oil has kept fiscal and external pressures in the period from 2016 to 2019.
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