(1)What are the details of the events that led to Moody’s downgrading, from Ba1 to Ba 2, of the credit rating of the Industrial Development Corporation (IDC);
(2) What are the details of the action steps that his department intends to implement to restore the IDC’s credit rating by Moody’s to Ba1;
(3) What are the implications of the credit rating downgrade for COVID-19 relief funding which according to his departmentis to be disbursed by the IDC?