The international rating agency Fitch Ratings has affirmed the long-term rating of the Sverdlovsk region at "BB +" with a stable outlook and the ratings of bond issues at "BB +". The rating of the Sverdlovsk region has been upgraded by Fitch Ratings to this level in 2016 and confirmed in 2017, the Governor's Information Policy Department.

According to analysts, the policy pursued by the government of the Sverdlovsk region is well balanced and focused on the development of the region with balanced management of the budget and conservative debt policy. In 2016-2017, the region improved budget performance by optimizing and controlling costs.

Also, according to analysts, the Sverdlovsk region has a developed industrial economy with a bias toward the metallurgical and engineering sectors. Indicators of social and economic development of the region are higher than the median level for Russian regions, and per capita GRP was 25% higher than the median indicator for regions in 2015. According to Fitch Ratings, the growth of the Russian economy will be 2% in 2018, which should contribute to the development of the economy of the Sverdlovsk region.

"The rating of the largest international rating agency is an objective and understandable indicator of the financial condition of the Sverdlovsk region, which contributes to the expansion of the range of potential investors", - quotes the DIP of the Minister of Economy and Territorial Development of the Sverdlovsk region, Alexander Kovalchik.