PICTURE: CLASSIFICATION STANDARD & POOR'S CREDIT REPUTATION SERVED IRAQ
September 12, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - financial expert in economic affairs said Majid picture, rating (B-) credit granted by the agency Standard & Poor's US Iraq, served as Iraq's economic reputation.
And between the picture's (IMN), that "just Iraq obtain an international credit rating, it will promote investment and credit, which is reflected on the economic development of the country's movement," explaining that "the knowledge of Iraq's credit rating necessary to obtain international loans through bonds that can not be issued unless the existence of an international rating by the relevant companies. "
Referred to as rating (B-) means the weakness of investment bonds of hard currency and the country's vulnerability to economic environment critical volatile with continuing confrontations with Daash and the accompanying sharp drop in oil prices, which pose risks to investors as a whole.
With the exception of the appearance of Mohammed Saleh Economic Adviser to the Prime Minister, earlier, credit rating awarded by the US Agency "Standard & Poor's" unfair to Iraq, noting that Iraq was contemplating getting a much higher degree classification.
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September 12, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - financial expert in economic affairs said Majid picture, rating (B-) credit granted by the agency Standard & Poor's US Iraq, served as Iraq's economic reputation.
And between the picture's (IMN), that "just Iraq obtain an international credit rating, it will promote investment and credit, which is reflected on the economic development of the country's movement," explaining that "the knowledge of Iraq's credit rating necessary to obtain international loans through bonds that can not be issued unless the existence of an international rating by the relevant companies. "
Referred to as rating (B-) means the weakness of investment bonds of hard currency and the country's vulnerability to economic environment critical volatile with continuing confrontations with Daash and the accompanying sharp drop in oil prices, which pose risks to investors as a whole.
With the exception of the appearance of Mohammed Saleh Economic Adviser to the Prime Minister, earlier, credit rating awarded by the US Agency "Standard & Poor's" unfair to Iraq, noting that Iraq was contemplating getting a much higher degree classification.
[You must be registered and logged in to see this link.]