Reaching a dead end? Where Egypt and the IMF stand on the stalled loan program
The state might have to renegotiate some debt servicing deadlines.
The state might have to renegotiate some debt servicing deadlines.
Fitch Ratings has upgraded Egypt's credit rating to stable based on the relative improvement in the country's political situation and availability of foreign currency. Meanwhile, after the finance minister announced a…
Egypt’s financing needs are estimated at $24 billion for the current fiscal year
Credit rating agency Capital Intelligence downgraded Egypt’s long-term sovereign debt rating from B+ to B, citing delays in implementing structural reforms recommended…
Citing an attempt to “balance” government progress with concerns about Egypt’s foreign currency inflows, Moody's Investors Service extended its review of Egypt's…
Moody’s rating follows an initial staff-level agreement between the Egyptian government and the International Monetary Fund.
Moody’s Investors Service on Tuesday raised Egypt’s credit rating to 'B3' with a stable outlook, up from 'Caa1.' According to Moody’s scale,…
With millions of Egyptians marching against President Mohamed Morsi this week, the cost of insuring Egypt’s debt against default grew sharply.…
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