The stable economic and financial situation in the Sverdlovsk region affected the credit rating of the region. The Analytical Credit Rating Agency (ACRA) raised Sverdlovsk Oblast's credit rating from BBB + (RU) to A- (RU), stable outlook, and ratings of bond issues from BBB + (RU) to A- (RU).

According to the information policy department of the Sverdlovsk region with reference to the regional ministry of economy and territorial development, the credit rating of the Middle Urals and bond issues is upgraded to a higher category.

"The high credit rating of the Sverdlovsk region creates favorable conditions for public borrowing - issue of government bonds of the Sverdlovsk region, reveals and confirms the objective financial opportunities of the region, enhances its investment attractiveness. Issue of government bonds requires a credit rating on the national scale. The assigned rating of the A- (RU) bonds of the Sverdlovsk region confirms the liquidity of the state securities of the region, "explained the Minister of Economy and Territorial Development of the Sverdlovsk Region Alexander Kovalchik.

Among the key factors that influenced the rating were improving budget discipline and increasing the budget's sustainability to economic shocks, a developed regional economy based on enterprises of machine-building and metallurgical complexes, sufficient liquidity of the budget. ACRA notes that the replacement of bank loans with bond issues and the restructuring of budgetary loans led to an improvement in the debt structure and the repayment schedule.

In addition, the agency notes the growth in 2016, the industrial production index to 107.7%, while in Russia as a whole this figure was at 101.1%. From 2017 to 2019 it is expected to put into operation new production facilities in the metallurgical and machine-building industries, which will further increase the production potential of the region.