Structural Reforms For Long-Term Development slide image

Structural Reforms For Long-Term Development

Ratings Reflect a Solid Credit Profile Rating Agency Rating Comments ARDAL MOODY'S STANDARD & POOR'S A2 Positive A+ Stable Fitch Ratings A+ Stable " the key credit strengths of Slovakia are: (1) Slovakia's continued strong economic growth prospects in the coming years, and (2) Anticipated pick-up in the pace of public sector debt reduction supported by robust growth and continued fiscal consolidation" " ... positively evaluated the low debt burden of the public sector, sustainable public finances, the stable volume of foreign investments and the well- capitalised banking sector with a low incidence of troublesome credits (5%). According to its estimates, the Slovak public debt should decline to about 48 percent of GDP by 2020" "... Slovakia's 'A+' ratings reflect its robust and credible economic framework, including its solid banking sector, eurozone membership and ability to attract foreign investment. EU membership supports political stability and institutional strength" āœ“ Stable outlook by S&P and Fitch Positive outlook by Moody's since April 2017 Sources: Moody's, S&P and Fitch + 16
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