Depository of News

Moody’s Maintains Kazakhstan’s Baa1 Rating as Non-Oil Sectors Drive Growth

newsdepo.com · economy

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Moody’s Ratings has affirmed Kazakhstan’s sovereign credit rating at Baa1 with a stable outlook, citing the country’s strong fiscal position, low government debt, high debt-servicing capacity and accumulated foreign-currency assets. According to the agency, these factors give Kazakhstan flexibility in economic policymaking and a substantial buffer against external economic shocks, the Ministry of… The post Moody’s Maintains Kazakhstan’s Baa1 Rating as Non-Oil Sectors Drive Growth appeared first on The Astana Times .

Read full article →