Standards & Poor’s (S&P) rating agency repor

Attached is Standards & Poor’s (S&P) rating agency report whereby it upgraded Egypt’s sovereign rating from (B-) to (B). You are required to read the report and address the following questions in brief bullet points: a. What are the factors that led to the rating upgrade? b. What challenges does S&P mention that could negatively affect the current rating and delay a further upgrade?








Sample Solution