Ratings agency S&P noted that Jordan was moving ahead with
reforms aimed at enhancing investment, widening the tax base and
targeting corruption, forecasting that fiscal imbalances will
moderate in the coming years.
(Reporting by Suleiman Al-Khalidi; Editing by Kirsten Donovan)
AMMAN, March 14 (Reuters) - Jordan's Finance Minister
Mohamad Al Ississ told Reuters on Tuesday that the move by S&P
Global to maintain the kingdom's sovereign credit rating at B+/B
reflected confidence in accelerating IMF-backed reforms.
"This is the latest confirmation of Jordan's credit rating
... a collective validation across rating agencies in recent
months in their confidence in Jordan's monetary and fiscal
policy," Al Ississ said.
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