S&P confirmed ratings Azerbaijan at the level of BB+/B, the forecast "stable"

The international rating agency S%26P Global Ratings confirmed long-term ratings defaults issuers (RDE) Azerbaijan in foreign and local currencies at the BB%2B / In level. The forecast on ratings is confirmed "stable", is spoken in the press release of agency ". We consider that the budgetary and external fiscal positions Azerbaijan remain one of the strongest among the sovereign states which we estimate at the categories "BB". The considerable liquid state assets predicted on the average at the level of about 70% for gross domestic product till 2025, will serve further as protection from economic and...