|
Search the Community
Showing results for tags 'credit rating'.
Found 3 results
-
Iraq’s classification at B- / B was confirmed with a stable outlook By rami - February 24, 2018 17 0 Standard & Poor’s Ratings said on Saturday it was Iraq’s “B- / B” rating with a stable outlook. “The stable outlook reflects expectations that the fiscal deficit will be modest over the next few years,” the agency said in a report. It said it expected the prospects for Iraq’s economic growth to be under pressure from domestic political tensions, production quotas imposed by OPEC and restrictions on government spending. The agency said it expected Iraq’s GDP to grow 1.9 percent in 2018 in line with production cuts in 2017-2018 before rising 2.5 percent in 2019 as oil production recovers.
-
I feel this important news topic Ratings agency also downgrades Gulf oil producers Bahrain and Oman, but leaves Kuwait and Qatar unchanged : Saudi Arabia’s credit rating has been downgraded by Moody’s because of the long and deep slump in oil prices. “A combination of lower growth, higher debt levels and smaller domestic and external buffers leave the Kingdom less well positioned to weather future shocks,” Moody’s said in a note. Moody’s lowered Oman to Baa1 from A3 and Bahrain to Ba2 from Ba1. The ratings agency did not downgrade Kuwait, Qatar, the United Arab Emirates or Abu Dhabi, but it assigned a negative outlook to each. While understand no links and not posting entire article due to copyright, this can be found on The Guardian with a search of the title. -
A ministerial committee looking feasibility of issuing external loan bonds Wednesday 27-05-2015 | 2:01:58 Ministerial Committee for the economy - XYZ Shafaq News / The Commission on Economic Affairs at its fifteenth headed by Deputy Prime Minister Nuri Shaways example, has typically feasibility of issuing external loan bonds. Committee and hosted by the President of the House of Representatives Finance Committee Ahmad Chalabi and head of the economic and investment commission Jawad al-Bolani and attended by representatives of banks and financial (Cleary Gottlieb Steen & Hamilton Office LLP, Citibank and Deutsche bank and Jp Morgan). According to the statement of the Office Shawish, the Committee discussed the article (2 / II / a) of the Federal General Budget about the version of the external loan bonds Act. The Committee discussed the envisaged results from the issuance of bonds as well as those resulting from obtaining a credit from international rating agencies rating to support the economy and the construction and reconstruction in Iraq by increasing the financial resources of the state derived from the positive impact of these bonds. And heads Shaways Committee which is composed of organic and ministers (Finance, Planning, Commerce, Agriculture) and Chairman of the National Authority for Investment and Advisor to the Prime Minister for Economic Affairs and the Deputy Secretary General of the Council of Ministers of Finance and Administrative Affairs and the Director of the Legal Department of the Office of the Prime Minister.
