Fitch ratings - Georgia Keeps its credit rating at BB- with the positive perspective
Fitch ratings - Georgia Keeps its credit rating at BB- with the positive perspective

According to the authoritative international credit company Fitch, Georgia Keeps its credit rating at BB- with the positive perspective – Ministry of Finance of Georgia told to First Chanel.

Particularly, as the Ministry of Finance of Georgia says, Fitch emphasizes Georgia`s cooperation with the International Monetary Fund and positively assesses the successful implementation of the program.

The rating company positively evaluates the existing business environment in the country, which is higher than the countries of “BB” category.

It is noteworthy that Georgia has made significant improvements towards public finances.

Also, as representatives of the Ministry of Finance of Georgia say, it is important that the inflation rate and Fitch’s forecast coincide with the country`s Inflation target rate.