Standard & Poor's will not downgrade Lebanon’s rating

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2019-08-21 | 09:51
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Standard & Poor's will not downgrade Lebanon’s rating
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Standard & Poor's will not downgrade Lebanon’s rating
Sources told LBCI on Wednesday that the atmosphere is “positive” regarding Lebanon’s credit rating at the International credit rating agency Standard & Poor's.
 
The same sources added that the agency will keep Lebanon’s rating as it is on Level B-.
 
The sources noted that such a step comes after the intensive meetings held by the Ministry of Finance and the rating agencies, the contacts carried out between Lebanon, the US and other countries, as well as the positive political developments.
 
 
 
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