S&P Global Ratings has affirmed Georgia's long-term sovereign credit rating at "BB" with a stable outlook, while the short-term rating remains at "B". According to experts, the rating is constrained by the country's relatively low income level and the economy's high dependence on imports.
The agency also noted that the moderate dollarization of the financial system reduces the effectiveness of monetary policy. At the same time, these risks are partially offset by a strong political structure, a moderate level of government debt, a floating exchange rate of the national currency, and access to concessional financing from international institutions.
The rating affirmation reflects the stability of Georgia's macroeconomic indicators and investor confidence in the country's ability to meet external obligations despite existing constraints.
Now on home
Most offenders were recorded in Tbilisi
New rules will allow the commission to initiate inspections and apply sanctions independently
Focus on Transport, Energy, and Digital Communications
The industry complains about staff turnover and outdated tariffs
In just one year, about 3.9 thousand cargo flights were operated at Georgian airports
CIPS is not an alternative to SWIFT
Not all banks finished the month in the black
This was stated by the Minister of Economy and Sustainable Development
On the site of the former BNZ
The initiative aims to reduce the number of deaths and injuries in road accidents
