Український ринок
 Новини зарубіжжя

S&P Global Ratings has affirmed its 'B-/B' long- and short-term local and foreign currency sovereign credit ratings on Ukraine, S&P said in a press release.

The outlooks on the long-term foreign and local currency ratings are stable.

S&P also affirmed the 'uaBBB-' Ukraine national scale rating on the country.

"The affirmation reflects the stabilizing macroeconomic picture within Ukraine in 2016, which saw a return to growth in the first quarter (for the first time in nine quarters) and the calming of inflation," S&P said.

S&P expects a slight pickup in growth for the remainder of the year, culminating in a 1% full year growth for 2016, given a slight improvement in confidence and investment thanks to a more predictable political environment, lower inflation, and currency stabilization. A pickup in 2017-2019 should lead to GDP growth averaging 2% per year in 2016-2019.

"The stable outlook reflects our view that over the next 12 months the Ukrainian government will maintain access to its official creditor support by pursuing required reforms, albeit with a lag, on the fiscal, financial, and economic fronts," S&P said.