Fitch affirmed the ratings of Ukraine at the level of "B-"

30 October 2017, 14:30 | Economy
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At the same time, the rating of short-term priority unsecured bonds in national currency - at the level of "B". The country ceiling was affirmed at 'B-', the short-term foreign and local currency IDR at 'B'.

Such data the press service of the agency unveiled on the night of October 28. According to the report, the outlook on the ratings is "stable".



At the same time, as in the previous rating report released in May, Fitch notes Ukraine's weak external liquidity, high level of public debt, structural problems and insufficient development of institutions.

The release also noted that Ukraine has a scoring score equivalent to the "CCC" rating on the scale of long-term foreign currency IDRs.

Recall, as reported URA-Inform, Prime Minister of Ukraine Vladimir Groisman assured that Ukraine within the next five years is able to make an economic breakthrough and thus improve the demographic dynamics.




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