BRIEF-Moody's Ratings Changes Iraq's Outlook To Negative, Affirms CAA1 Ratings
BY Reuters | CORPORATE | 04/17/26 04:40 PM EDTApril 17 (Reuters) - MOODY'S ON IRAQ:
* MOODY'S RATINGS CHANGES IRAQ'S OUTLOOK TO NEGATIVE, AFFIRMS CAA1 RATINGS
* MOODY'S ON IRAQ: NEGATIVE OUTLOOK REFLECTS RISING RISKS TO IRAQ'S CREDIT PROFILE STEMMING FROM CONFLICT IN MIDDLE EAST
* MOODY'S: RATINGS AFFIRMATION ON IRAQ REFLECTS CHALLENGES POSED BY WEAK INSTITUTIONS & GOVERNANCE THAT CONSTRAIN GOVERNMENT'S CAPACITY TO RESPOND TO SHOCKS
* MOODY'S ON IRAQ: ABSENT A BOLD FISCAL CONSOLIDATION PLAN BY NEXT GOVERNMENT, DEBT LEVELS ARE LIKELY TO CONTINUE INCREASING THEREAFTER
* MOODY'S ON IRAQ: ASSUME NO MAJOR DAMAGE TO KEY PRODUCTION FACILITIES, RISKS OF PROLONGED DISRUPTION TO NAVIGATION THROUGH STRAIT OF HORMUZ PERSIST
* MOODY'S: IRAQ'S LOCAL CURRENCY (LC) AND FOREIGN CURRENCY (FC) COUNTRY CEILINGS REMAIN UNCHANGED
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