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Fitch raises Egypt's credit rating to 'B'

Fitch Ratings upgraded Egypt’s credit rating one rank to “B” with a “stable” outlook Friday, saying the authorities seemed committed to major reforms. “Fuel subsidy cuts and tax hikes have been implemented as part of a clear five-year fiscal consolidation strategy,” Fitch said in upgrading Egypt from a “B-” rating.

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Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
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