Standard&Poor’s improves Georgia’s sovereign rating from stable into positive
Standard&Poor’s improves Georgia’s sovereign rating from stable into positive
15:53, 13.04.2019

The international rating company Standard&Poor’s (S&P) improved Georgia’s sovereign rating from stable into positive and confirmed the rating at “BB” – Ministry of Economy and Sustainable Development reports.

Standard & Poor’s credit rating for Georgia stands at BB- with stable outlook. Moody’s credit rating for Georgia was last set at Ba2 with stable outlook. Fitch’s credit rating for Georgia was last reported at BB with stable outlook.

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Georgia thus having a big impact on the country’s borrowing costs. This page includes the government debt credit rating for Georgia as reported by major credit rating agencies.

 





Economics
Standard&Poor’s
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