# The ANC Caucus in the City of Ekurhuleni has welcomed the affirmation of the metro’s credit ratings by GCR Ratings, as well as the revision of the rating outlook from negative to stable. The improved rating outlook is attributed to Ekurhuleni’s steady operational performance, despite capital expenditure constraints. The ANC says this outcome reflects a crucial vote of confidence in the metro’s fiscal trajectory and its efforts to restore financial discipline and good governance.
ANC Ekurhuleni welcomes affirmation of the metro’s credit ratings