Middle East Economic Survey

VOL. XLVII

No 25

21-June-2004

RATINGS

S&P, Fitch Affirm Lebanons Debt Ratings

Standard & Poors Ratings Services and Fitch Ratings both announced last week that they have affirmed Lebanons sovereign debt ratings. S&P rates Lebanon at B- long-term and C short-term with a stable outlook (MEES, 20 October 2003), while Fitch puts both of Lebanons long term foreign currency debt and local currency debt at B- with a stable outlook (MEES, 27 January 2003). The...