VOL. XLI
No. 46
16-November-1998
JORDAN
ThomsonBankWatch Assigns Jordan B+ Sovereign Risk Rating
The US ratings agency ThomsonBankWatch announced on 28 October that ithad assigned a Sovereign Risk Rating to Jordan of B+ and an outlook of stable.According to Mr. Kamal Shehadi, ThomsonBankWatchs Vice President, the ratingreflects the countrys progress in structural reforms supported by the IMF and theWorld Bank. A company statement also cited Jordans progress in reducing its externaldebt burden...
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