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FinancialNews


  • 10-11-18

    Jordan preserves B1 ratings: Moody's

    (MENAFN) Jordan maintained its B1 of long-term issuer and senior unsecured ratings, as announced Moody's Investors Service.

    The Jordanian government has preserved its stable view with the affirmed B1 rating, which indicates credit obstacles high adverse global financing and trade environment impose.

    Moody's move to affirm the B1 ratings is based on credit supports, including Jordan's dedication to the fiscal consolidation along with tough international commitment to back the Jordanian economy.

    It was also based on credit supports which further include the endorsement of reforms Jordan is implementing on the energy sector.

    MENAFN1011201800450000ID1097681456

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