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.