Installing the degree of Iraq's credit rating at B / -B

by **rocky** Sun 28 Aug 2016, 3:26 am

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Post n°1

Installing the degree of Iraq's credit rating at B / -B

by rocky Sun 28 Aug 2016, 3:26 am

Installing the degree of Iraq's credit rating at B / -B

8/28/2016 0:00

BAGHDAD follow Mustafa Al Hashimi
confirmed the international credit rating agency Standard & Poor 's , on Saturday, its credit rating for Iraq when
(B- / B) with a stable outlook.
The experts say that this is very close to the economic reality of Iraq class under thecircumstances witnessed by the decline oil and war prices on «Daesh» terrorist.
he supported academic economist , Dr. Majid Baidhani the view of the experts commented that this degree of classification longer acceptable and good compared to what Iraq is going through as well as it was the first grade credit rating obtained by Iraq in the economic history since September last year, indicating that this class could be upgraded when the stability of the general situation in Iraq and reach out at grade A or even + A with outlook positive and stable.
Reuters reported , citing the company said the outlook stable include expectations that a large budget deficit and the balance of Foreign transactions will be possible to finance, and also contain the conflict with al «Daesh».
predicted the S & P that the real GDP growth of Iraq will fall to less than 2 percent levels in 2017-2019 due to the negative effects of the consolidation of fiscal policies local weak demand.
the Agency was granted Iraq first grade credit rating in its history , beginning in September of 2015 after completing the procedures for obtaining the classification for being did not have thedegree of credit rating because of the wrong wars absurd economic policies waged by the former regime against some neighboring countries.
the Standard & Poor 's (S & P) is a service company financial, based in the United States.

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by **rocky** Sun 28 Aug 2016, 4:36 am

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Post n°2

Global institution expects financial situation "stable" for Iraq thanks to funding and increase oil

by rocky Sun 28 Aug 2016, 4:36 am

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Standard & Poor's Corporation S & P US financial rating

Global institution expects financial situation "stable" for Iraq thanks to funding and increase oil production

Author: HAA
Editor: BK 27.8.2016 21:50 Number of Views: 1023

Long-Presse / Baghdad
Announced a global American institution for research and economic analysis, on Saturday, for keeping Iraq's credit rating at a level of (B- and B) long and the short of Medellin respectively, are likely to be able to defeat (Daesh), and to achieve "financial stability" through funding and increased oil production to four million and 400 thousand barrels per day by the year 2019.
The Standard & Poor's Corporation S & P US financial rating and the issuance of economic research and analysis, in a statement today, I followed (the long-Presse), it was "granted Iraq rating (B-) for the long term with the classification (B) for the short term in a row," pointing out that it "regards credit rating of effective foreign and local currency for Iraq with its forecast obtaining unexpected financial stability with the termination or receding battles against Daesh."
According to the agency, that "the financial stability in Iraq forecasts reflect the expectation that he could bridge the huge fiscal deficit its budget from the local currency and hard through funding," he expected that "Iraq is unable to contain his battle with Daesh."
The merged American institution, its outlook to "an increase in Iraqi oil production and exports by the year 2019 to four million and 400 thousand barrels per day, and three million and 600 thousand barrels per day, respectively, with the direction of the International Monetary Fund program to achieve a gradual financial settlement in the country."
The appearance of Mohammed Saleh, financial advisor to the prime minister, Haidar al-Abadi, said in an interview to the (long-Presse), in (24th of August now 2016), for a new round of talks between Iraq and the International Monetary Fund early next September, while stressing that they It will focus on the special standby credit arrangements with a loan five billion and $ 300 million, to support the budget, and what has been implemented economic reforms and fiscal governance, favored the possibility of taking the second and third installments of the loan amounting to fund about two billion dollars this year-end 2016.
The Standard & Poor's, which is one of the largest international credit rating agencies, has proven through March 2016, its credit rating for Iraq at B- / B, usually the country's growth "will remain unchanged" in the medium term because of soaring oil produced, which will ease budget pressures.
The credit rating is the opinion of rating agency in evaluating the solvency and the desire to solvency for the issuer of securities to meet current and future financial obligations in full and on time. And it relies heavily on the degree of credit rating awarded by the rating agencies, especially governments and financial institutions banking in predicting the risk of non-payment to occur based on quantitative and qualitative criteria, as capital markets have become sensitive to credit ratings issued by rating agencies concerned, so that they affect the ability of companies and countries on access to international capital markets and obtain the required funding, and in addition to that, the absence of sufficient information to make an investment decision to buy exporting financial instruments, pays the investor to resort to credit rating to measure the financial ability of the risks of the debtor to meet its financial obligations level. The rating change affects bonds issued in prices in the stock markets.
The use of credit rating agencies Global alphabetic letters to indicate the credit quality, which fall under two types of credit risk level, are:
• Investment grade Investment Grade: an indicator of lower credit risk score, take the icons (Baa, A, Aa, Aaa) and so for Moody's, and symbols (A, AA, AAA, BBB) for my agency Standard & Poor's and Fitch Ratings. • the degree of speculative Speculative Grade: an indicator of the high credit risk score, take the icons (C, Ca, Caa, B, Ba) for Moody's, and symbols (C, CC, CCC, B, BB) for my agency Standard & Poor's and Fitch Ratings.
It adds credit rating agencies figures or signs to the right degree of classification to indicate the credit quality within each grade, where adds Moody's figures for credit ratings from Aa to Caa are 1, 2 or 3 level, and indicates the number 1 to the upper end part of the degree classification, figure 2 on the mid-grade rating, and the number 3 to the lower end part of the degree classification. While it adds Kalta Standard & Poor's and Fitch Ratings + or - to credit ratings from AA to B to express their credit quality, including the level.

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by **rocky** Sun 28 Aug 2016, 7:28 am

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Post n°3

Poor's put the Iraqi economy when bisect (B- / B) with a stable outlook

by rocky Sun 28 Aug 2016, 7:28 am

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2016/08/28 | 12:10

(Encyclopedia of the Day News | [You must be registered and logged in to see this link.] ) - The global American institution for research and economic analysis, on Saturday, for keeping Iraq 's credit rating at a level of (B- and B) long and the short of Medellin respectively, arelikely to be able to defeat (Daesh), achieving "financial stability" through funding and increase its oil production to four million and 400 thousand barrels per day by the year 2019.

The Standard & Poor's Corporation S & P US financial rating and the issuance of economic research and analysis, in a statement today, seen by "NEN Iraq", it was "granted Iraq rating (B-) for the long term with the classification (B) for the short term in a row," noting that it "regards credit rating of effective foreign and local currency for Iraq with its forecast obtaining unexpected financial stability with the termination or receding battles against Daesh."

According to the agency, that "the financial stability in Iraq forecasts reflect the expectation that he could bridge the huge fiscal deficit its budget from the local currency and hard through funding," he expected that "Iraq is unable to contain his battle with Daesh."

The merged American institution, its outlook to "an increase in Iraqi oil production and exports by the year 2019 to four million and 400 thousand barrels per day, and three million and 600 thousand barrels per day, respectively, with the direction of the International Monetary Fund program to achieve a gradual financial settlement in the country."

The appearance of Mohammed Saleh, financial advisor to the prime minister, Haidar al-Abadi, said in an interview to the (long-Presse), in (24th of August now 2016), for a new round of talks between Iraq and the International Monetary Fund early next September, while stressing that they It will focus on the special standby credit arrangements with a loan five billion and $ 300 million, to support the budget, and what has been implemented economic reforms and fiscal governance, favored the possibility of taking the second and third installments of the loan amounting to fund about two billion dollars this year-end 2016.

The Standard & Poor's, which is one of the largest international credit rating agencies, has proven through March 2016, its credit rating for Iraq at B- / B, usually the country's growth "will remain unchanged" in the medium term because of soaring oil produced, which will ease budget pressures.

The credit rating is the opinion of rating agency in evaluating the solvency and the desire to solvency for the issuer of securities to meet current and future full financial obligations on time.

And relies heavily on the degree of credit rating awarded by the rating agencies, especially governments andfinancial and banking institutions in the forecast the risk of non - payment to occur based on quantitative and qualitative criteria, as it has become sensitive to capital markets for credit ratings issued by rating agencies concerned, so that they affect the ability of companies and countries to access the international capital markets and obtain the required funding, and in addition to that, the absence of sufficient information to take the decision toinvest in the purchase of exporting financial instruments, the investor pays to resort to credit rating to measure thefinancial risks and the ability of the debtor to meet its financial obligations level.

the rating change affects bonds issued in prices in the stock markets.

The use of credit rating agencies Global alphabetic letters to indicate the credit quality, which fall under two types of credit risk level, are:

Investment grade Investment Grade: an indicator of lower credit risk score, take the icons (Baa, A, Aa, Aaa ) and so for Moody 's , and symbols (A, AA, AAA, BBB ) for my agency Standard & Poor 's and Fitch Ratings.

• the degree of speculative Speculative grade: an indicator of the high credit risk score, take the icons (C, Ca, Caa, B , Ba) for Moody 's , and symbols (C, CC, CCC, B , BB) for my agency Standard & Poor 's and Fitch Ratings.

It adds credit rating agencies figures or signs to the right degree of classification to indicate the credit quality within each grade, where adds Moody 's figures for credit ratings from Aa to Caa are 1, 2 or 3 level, and indicates the number 1 to the upper end part of the degree classification, figure 2 on the mid - grade rating, and the number 3 to the lower end part of the degree classification.

while adds Kalta standard & Poor 's and Fitch Ratings + or - to credit ratings from AA to B to express their credit quality , including the level.

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Re: Installing the degree of Iraq's credit rating at B / -B

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Installing the degree of Iraq's credit rating at B / -B

Installing the degree of Iraq's credit rating at B / -B

Installing the degree of Iraq's credit rating at B / -B

Global institution expects financial situation "stable" for Iraq thanks to funding and increase oil

Poor's put the Iraqi economy when bisect (B- / B) with a stable outlook

Re: Installing the degree of Iraq's credit rating at B / -B

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