News

Fitch Maintains Egypt’s Credit Rating at B+

11 Mar 2021

Fitch has stated that Egypt’s rating remains at B+, with a stable outlook going forward. The credit rating agency attributed the stable outlook to Egypt’s recent track record of fiscal and economic reforms that have allowed it to remain stable and resilient through the global Covid pandemic. Meanwhile, security and potential risks continue to weigh on the country’s rating. (Source: Fitch Ratings)

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