Jordan's economy has remained resilient amid regional security risks and being cut off from United States Agency for International Development assistance, resulting in a stable outlook for the aid-reliant economy, ratings agency S&P Global has said. The kingdom's long-term foreign and local currency sovereign credit rating was maintained at BB-, the New York-based firm said on Friday. A BB- rating is “non-investment grade speculative”, three levels below investment grade, according to S&P's scale. Non-investment grade makes it more difficult for a country to access capital markets and raise funding when it wants to borrow. (ICE AMMAN)

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