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Wednesday, July 26, 2017

Kudrin called for the return of the rating of Russia to investment level


The head of the Council of the Foundation CSR Alexei Kudrin, speaking at a forum in Sochi, said that in his view Russia will be able to return the sovereign rating at the investment level, when you reduce the budget deficit to 2% of GDP.

Recall that in September, the Agency S&P improved the Outlook on the sovereign ratings of Russia from negative to stable. While the long-term rating on liabilities in foreign currency remained at the level of “BB+”, that is, on the top step of the so-called “speculative” category. And short-term foreign currency rating was affirmed at “B”.

source

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