Experts see Fitch’s Jordan credit rating as positive indicator
Published 29 Nov,2020 via The Jordan Times AMMAN — Economic experts have praised Fitch’s credit rating of “BB-” for Jordan’s long-term sovereign credit, noting that this evaluation will allow the Kingdom to access domestic and foreign sources of financing.
“There is high prestige associated with this rating, especially for a small country such as Jordan. Many economic, financial and industrial sectors have contributed to this stability of credit ratings,” said Bashar Zoubi, professor of finance.
He added that the global rating agency Fitch’s bond rating is “one of the important macroeconomic indicators,” and that “this classification is positive despite the continuing partial closure of a number of sectors”.
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The Jordan Times