A positive sign: Iraq maintains its B-/B credit rating from Standard & Poor’s.
A positive sign: Iraq maintains its B-/B credit rating from Standard & Poor’s.
8-26-2025
Al-Maalomah/Baghdad..
Standard & Poor’s credit rating agency announced on Tuesday that Iraq has maintained its credit rating at B-/B with a stable outlook.
The agency stated in a report received by Al-Maalomah Agency that “Iraq’s rating remained at B-/B with a stable outlook, a positive signal that reflects the strength of the national economy and the continued confidence of international institutions in the financial path and government reforms.” It indicated that “Iraq’s economic stability is supported by an improvement in oil revenues by an annual rate of approximately 1.9% during 2025-2028, with the continuation of government measures to manage public debt and enhance foreign reserves, which contributes to maintaining the financial balance and supporting confidence in the national economy.”
It pointed out that “Iraq continues to fulfill regular financial obligations, with a relative improvement in deficit indicators, in addition to the stability of the exchange rate and the high levels of reserves at the Central Bank, which enhances the strength of the country’s external position.”
almaalomah.me
