Fitch Ratings confirms Serbia's credit rating
N1 Info 04.05.2019 | Beta
The credit rating agency Fitch Ratings has affirmed Serbia's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'BB," the National Bank of Serbia said on Saturday, adding that the agency said Serbia's outlook is stable.
The agency said that the decision to confirm the stable outlook for increasing Serbia's credit rating was based on the continuity of the economic policy, aimed at further strengthening macroeconomic indicators and reducing public debt. The agency also noted the anchoring of inflationary expectations and expectations that inflation in Serbia will be kept within the limits of the National Bank's goal in the coming period.
