Egypt: Cabinet – Standard & Poor’s Maintains Egypt’s Credit Rating

Standard and Poor’s (S&P) has maintained Egypt’s credit ratings, said the Cabinet’s Media Center.

The S&P’s decision reflects the international institutions’ confidence in the Egyptian economy and its resilience in dealing with the various global shocks, added the media center in an infographic report, which shed light on the S&P’s decision.

The decision also shows that Egypt managed to deal with international conditions with balanced and integrated ways to ensure the stability of domestic…