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المصري اليوم
Finance Ministry Responds to Moody's Upgrade
Moody's has upgraded Egypt's credit rating to "B3" with a positive outlook, praising the economic and financial reforms that have led to fiscal stability, improved reserves, and increased economic activity. The ministry confirmed that Egypt has become more capable of growth despite challenges such as rising debt service costs, noting that government debt decreased to 81.9% of GDP in June 2026, and international reserves rose to $57 billion in September 2026. The government is focused on enhancing the business environment, streamlining procedures, increasing investments, and achieving stronger and more sustainable economic growth through continued financial and structural reforms.
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