S&P affirms Ukraine at 'B-/B' with stable outlook

S&P affirms Ukraine at 'B-/B' with stable outlook

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Ukrinform
Standard & Poor's rating agency has affirmed Ukraine's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B-/B' with a Stable Outlook.

This is stated in the agency's press release.

The agency also confirmed the sovereign rating of Ukraine at the level of uaBBB-.

The Standard & Poor's analysts note that the confirmation of the ratings reflects the improvement of the country's macroeconomic indicators.

In particular, the agency expects the Ukraine’s GDP to grow by 1.9% in 2017, by 2.8% in 2018, by 3% in 2019 and by 3.2% in 2020.

As reported, late April, Fitch Ratings affirmed Ukraine's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B-' with a Stable Outlook.

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