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Moody's: Global credit conditions will stabilize next year

Moody's revealed its expectations for the economic events that will develop in 2022 in parallel with the coronavirus epidemic and vaccination, and stated that global credit conditions are expected to stabilize.

Moody's: Global credit conditions will stabilize next year

Making a statement from the international credit rating agency Moodys, he evaluated the ongoing challenges related to the coronavirus epidemic and the possible changes in global credit conditions next year.

Emphasizing that pressure factors such as global inflation, labor force and supply shortages will be felt in the first half of next year, it has been noted that these effects will decrease in the second half.

“PUBLIC HEALTH THREAT WILL CONTINUE IN COUNTRIES WITH LOW VACCINATION RATES”

"The coronavirus will continue to be a public health threat, especially in countries where vaccination rates remain low," the statement said.

Moody's Director Elena Duggar, whose evaluations were included in the statement, pointed out that leverage risks will still remain high, "Repayment risks arise when economic growth, company revenues and government income expectations weaken or liquidity decreases." defended his view.

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