AMI 30 May 2022: Egypt’s ratings outlook goes negative – Moody’s
Africa Markets Podcast
English - May 30, 2022 06:15 - 1 minute - 1.51 MBNews Business Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: AMI 27 May 2022: Zambia - disinflation continues
Next Episode: AMI 31 May 2022: CBK raises interest rates by 50bp
Egypt: Moody’s has changed Egypt’s outlook to negative from stable, whilst maintaining the sovereign rating at B2. The effects of the pandemic are having a devastating impact on the Egyptian economy as food inflation soars and as concerns around supply chain prevail.
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