Friday 03 April 2026 – 10:51 PM
“Agency confirmed”Moody’s RatingsEgypt’s credit rating is at the “Caa1” level with a positive outlook, indicating the prospects for continued financial and external improvements achieved by Egypt, supported by the authorities’ commitment to economic policies and reforms.
Moody’s affirms Egypt’s rating at Caa1 with a positive outlook
The agency added in its statement that the positive outlook set by the credit rating agency since March 2024 reflects “the prospects for continuing the financial and external improvements that Egypt has achieved so far, supported by the authorities’ commitment to policies and reforms, which ultimately supports a permanent improvement in the ability to bear the government’s debt burdens and a reduction in overall financing needs.”
Moody’s Ratings indicated in its report issued today, Friday, that the government has maintained “large primary fiscal surpluses since fiscal year 2024,” in addition to the central bank giving “priority to slowing price inflation and restoring external balance, which helped restore macroeconomic stability.”
