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MoF: DBRS assessment encouraging amid period of instability

Published March 14, 2026, 09:09
MoF: DBRS assessment encouraging amid period of instability

The Minister of Finance describes the DBRS assessment as encouraging, confirming Cyprus's creditworthiness at an investment grade of 'A' with a stable outlook. This assessment comes during a period of instability for the global economy, amid escalating hostilities in the Middle East. DBRS recognizes the dynamic growth of the Cypriot economy and the large fiscal reserves that allow for the mitigation of potential negative impacts. The government is committed to continuing to support the economy in a responsible and flexible manner, promoting economic plans for continued growth and debt reduction.