Moeit: The strength of the banking system gives us the ability to deal with the risks of high financing costsVisits : 76

Moeit: The strength of the banking system gives us the ability to deal with the risks of high financing costs

Dr. Mohamed Moait, Minister of Finance, confirmed that Moodys decision to maintain Egypts credit rating in the local and foreign currencies, as it is at the level of «B2» while also maintaining a stable future view of the Egyptian economy, reflects the continued confidence of international institutions and credit rating institutions in the ability of the Egyptian economy to Positive handling of the Corona crisis, due to economic, monetary and financial reforms over the past years.