economy debt management

Positive Outlook for Cyprus Economy, According to Rating Agency

The economic outlook for Cyprus is now positive, as Capital Intelligence Ratings has upgraded the longterm foreign currency rating to BBB and highlighted the reduction in government debt, strong fiscal performance, and banking sector reforms contributing to this optimistic outlook. The nation’s proactive debt management strategy, high per capita GDP, and robust fiscal performance are key factors driving this positive assessment, signaling a promising future for Cyprus’s economic stability.