Fitch has confirmed the rating of Ukraine

The rating reflects a large debt and sluggish structural transformation


International rating Agency Fitch affirmed Ukraine’s rating at “b-” with a stable Outlook. This reports the Economic truth.

The Agency confirmed long-term sovereign Issuer default rating of Ukraine in foreign and national currency at level “B-” with a stable Outlook.

“Ukraine’s rating reflects the limited possibility of borrowings on foreign markets, a large public debt and sluggish structural reforms, and the underdeveloped banking sector and political risks”, – said in a release.

We will remind, Ukraine has improved its position in the ranking of ease of doing business according to the world Bank Doing Business rankings by 4 positions, rising to 76th place.