Fitch upgrades Egypt’s IDR to B+ with stable outlook

Thu, 21 Mar 2019 - 02:36 GMT

“Egypt has made further progress in implementing economic and fiscal reforms, which are driving improved macroeconomic stability, fiscal consolidation and stronger external finances.”

Fitch Revises Egypt's Outlook to Positive; affirms at 'B'

Tue, 16 Jan 2018 - 02:59 GMT

Fitch forecasted general government debt/GDP to fall to 93 percent in FY18 from a peak of 103 percent in FY17, marking an inflection point in the strong upward trend since the 2011 revolution.