Jordan's credit rating upgraded by Moody's from B1 to Ba3, reflecting resilience and sound economic policies.

Jordan's credit rating has been upgraded by Moody's for the first time in 21 years, from B1 to Ba3, reflecting its resilience and sound economic policies. The stable outlook signals the country's ability to prudently manage regional and global challenges. The upgrade is attributed to Jordan's success in fortifying its resistance against external shocks, despite unstable geopolitical conditions in the Middle East.

May 18, 2024
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