Middle East Economic Survey
Fitch Downgrades Libyas Ratings, Assigns Stable Outlook
Fitch Ratings downgraded Libyas long-term local and foreign currency Issuer Default Ratings (IDR) to B from BB/RWN on 13 April. The ratings were removed from negative watch and assigned a stable outlook. The agency also downgraded the country ceiling to B from BB and affirmed the short-term rating at B. Fitch has withdrawn all the ratings due to insufficient information being...