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sovereign credit rating

Georgia’s sovereign credit rating is left unchanged by S&P and Fitch

3 mins read

The FINANCIAL — Despite the COVID-19 pandemic and the global economic crisis that is in the world, two very influential rating companies, Fitch and S&P, have left Georgia’s sovereign rating, perspective and outlook unchanged at BB level. According to the report of the international rating agency S&P, the retention of economic stability despite external challenges was deemed a strong point of Georgia’s sovereign credit rating. The fact that Georgia’s perspective and credit rating remained the same considering that the ratings of a number of countries have deteriorated, clearly indicates confidence in Georgia’s economic policy. According to Ministry of Economy and Sustainable…

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Georgia’s sovereign credit rating is left unchanged by S&P and Fitch

3 mins read

The FINANCIAL — Despite the COVID-19 pandemic and the global economic crisis that is in the world, two very influential rating companies, Fitch and S&P, have left Georgia’s sovereign rating, perspective and outlook unchanged at BB level. According to the report of the international rating agency S&P, the retention of economic stability despite external challenges was…