Credit rating of Georgia has improved

Credit rating of Georgia has improved

Standard&Poor credit rating of Georgia stand for BB with positive outlook. It is the first improvement since 2011. The development prognosis is observed as “stable”.

The Minister of Economy and Sustainable Development, Natia Turnava, states that improved rating reflects the recognition of trust from the side of investors.

“The review of the rating dynamics in the region justifies that Georgia has the best improvement compared to other countries of the region”, says Turnava.

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