Ukraine’s economy returned to positive growth – S&P Global Ratings

Ukraine’s economy returned to positive growth – S&P Global Ratings

© Reuters

The macroeconomic situation in Ukraine in 2016 have improved.

The international rating Agency S&P Global Ratings has affirmed the long-term and short-term ratings of Ukraine at “B-/B” with a stable Outlook.

This is stated in the message Agency, UNIAN.

The Agency notes that the macroeconomic situation in Ukraine in 2016 has improved, the economy returned to positive growth and low inflation after a deep fall of GDP a year earlier.

We will remind, in November the international rating Agency Fitch Ratings raised Ukraine’s sovereign rating to “B-” from “CCC”, simultaneously giving a “b” rating to Ukrainian Eurobonds.

Also, Fitch noted that the investment volume will remain at a relatively low level. Economic growth will also affect the conflict in the Donbass. Ukraine I advise you not to miss the opportunities of privatization.

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