Georgia's long–term credit ratings remained unchanged - S&P

2023/08/46546-1692172459.jpg
Read: 438     11:00     16 Август 2023    

The international rating agency S&P Global Ratings has left Georgia's long-term credit ratings at “BB”, the outlook is “stable".

“Tourism, immigration and financial inflow, mainly from Russia, will support real GDP growth at the still high level of 6.1%,” the report says.

According to S&P's forecast, in 2024 and 2025, the country's GDP growth will slow down to 4.5% and 4.2%, in 2026 it will be 4.3%.

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Georgia's long–term credit ratings remained unchanged - S&P

2023/08/46546-1692172459.jpg
Read: 439     11:00     16 Август 2023    

The international rating agency S&P Global Ratings has left Georgia's long-term credit ratings at “BB”, the outlook is “stable".

“Tourism, immigration and financial inflow, mainly from Russia, will support real GDP growth at the still high level of 6.1%,” the report says.

According to S&P's forecast, in 2024 and 2025, the country's GDP growth will slow down to 4.5% and 4.2%, in 2026 it will be 4.3%.

newsgeorgia.ge





Tags: