Browsing: Moody

Moody’s revises Egypt’s credit outlook to positive

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Global ratings giant Moody’s has raise Egypt’s credit outlook from negative to positive following the expanded $8 billion funding from the International Monetary Fund (IMF), as per a recent statement.

Israel blasts Moody’s downgrade

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The decision was political and did not put forward any ‘serious’ economic claims, according to Finance Minister Bezalel Smotrich