News From Trenton · August 20, 2024
Governor Murphy and Treasurer Muoio Applaud Credit Outlook Upgrade from Moody’s
Credit: Gov. Phil Murphy (Edwin J. Torres/ Governor's Office)
Governor Phil Murphy and State Treasurer Elizabeth Maher Muoio welcomed news that Moody's Investors Service has upgraded New Jersey's outlook from stable to positive.
In revising the outlook, Moody’s noted, “The actions incorporate solid economic and revenue performance that support prospects the state will maintain strong fund balances while continuing full actuarial pension contributions.”
From NJ SEED: News From Trenton - August 20, 2024.