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Standard & Poor's improves Lithuania's credit rating
BC, Vilnius, 06.03.2018.
Print version
Print versionThe international credit ratings agency Standard & Poor's has given a positive mark to Lithuania's fiscal policies and economic growth outlook, revising the its outlook to the country's credit rating,reports LETA/BNS.
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The Lithuanian Finance Ministry said the long-term credit
rating was upgraded from A- to A, while the short-term rating was moved up from
A-2 to A-1. The agency's long-term rating outlook remains stable.
"The rating proves once again that we are managing our
public finances in a responsible manner and conducting efficient fiscal
policies, thus making Lithuania more credible on the global arena,"
Finance Minister Vilius Sapoka said in a press release.
Another international agency, Fitch Ratings, in the end of
February has affirmed Lithuania's long-term rating at A-, with a stable
outlook.
Moody's has granted Lithuania a long-term credit rating of
A3 with a stable outlook.
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