💳📈 “S&P Confirms Iraq’s Credit Rating: Stability Signals Investor Confidence! 🇮🇶💰”
🔒 Credit Rating Holds Strong
Standard & Poor’s has officially reaffirmed Iraq’s credit rating at B-/B with a stable outlook — a positive indicator that Iraq's financial health and reforms are gaining international trust.
📊 What This Means:
Reflects continued international confidence in Iraq's economic direction
Validates the strengthening of national financial policy and reforms
Boosts Iraq’s image in global investment circles
🛢️ Economic Factors Supporting Stability
Oil revenues projected to grow at 1.9% annually through 2028
Improved public debt management
Growing foreign reserves enhancing economic resilience
Stable exchange rate and commitment to regular financial obligations
🏦 Central Bank Strength
High foreign reserves reported at the Central Bank of Iraq
Positive balance sheets contribute to external financial stability
🗣️ S&P Commentary:
"A stable outlook reflects Iraq’s economic foundation, fiscal responsibility, and strong reserve levels."
🌐 Source: Al-Maalouma Article
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🚀 Steady reforms. Solid reserves. Strong signals. Iraq is positioning for a financial comeback.