First credit rating for Libya
Issue 159
- 20 Mar 2009
| 1 minute read
Ratings agency Standard and Poor’s awarded Libya its first credit rating on 18 March, underlining the extent to which the country has rejoined the global economic and financial mainstream. S&P said the strength of Libya’s balance sheet justified A- long-term and A-2 short-term foreign and local currency ratings, with a stable outlook.
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