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Moody’s Ratings has upgraded Egypt’s sovereign credit rating by 1 notch to B3 from Caa1, citing improvements in government finances, lower debt and stronger foreign exchange reserves. The agency maintained a positive outlook on the country’s local and foreign currency ratings, according to a statement issued on October 16, 2026. The decision reflects progress in Egypt’s economic reform programme, although borrowing costs and debt repayments remain a concern.<\/p>\n
Egypt recorded a primary budget surplus…<\/p>\n<\/div>\n
Read more on AllAfrica.com<\/a> Moody’s Ratings has upgraded Egypt’s sovereign credit rating by 1 notch to B3 from Caa1, citing improvements in government finances, lower debt and stronger foreign exchange reserves. The agency maintained a positive outlook on the country’s local and foreign currency ratings, according to a statement issued on October 16, 2026. The decision reflects progress in […]<\/p>\n","protected":false},"author":6,"featured_media":248025,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[338],"tags":[258,256,9624,6861,4697,415,7668,2426,257,2428,11008,10256,254,27871],"class_list":["post-248024","post","type-post","status-publish","format-standard","has-post-thumbnail","category-egypt","tag-africa","tag-africa-news","tag-credit","tag-debt","tag-egypt","tag-egypt-news","tag-falls","tag-moodys","tag-news","tag-rating","tag-reserves","tag-rise","tag-south-africa-today","tag-upgrades"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/248024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=248024"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/248024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/248025"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=248024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=248024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=248024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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South Africa Today Africa \u2013 North Africa Egypt<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"