aA
Fitch Ratings has affirmed Lithuania's long-term foreign-currency issuer default rating (IDR) at "A-" with a positive outlook after positively assessing Lithuania's public finance and economic situation.
UNIQA mineralinio vandens gamyklos atidarymas
UNIQA mineralinio vandens gamyklos atidarymas
© DELFI / Rafael Achmedov

The credit agency's experts state that Lithuania's ratings balance strong economic institutions and sound public finances with a vulnerability to external shocks, the Ministry of Finance said.

Fitch Ratings positively assessed Lithuania's economy, the ongoing fiscal policy and the public's sector's good financial results. Experts say Lithuania's macroeconomic rates will remain stable.

According to the Finance Ministry, the positive outlook shows that the credit agency is ready to upgrade Lithuania's credit rating over the upcoming two years, if growth and other monitored indicators will maintain a positive tendency and will not significantly deviate from the credit agency's forecasts.

Th last time Fitch Ratings upgraded Lithuania's rating was in August, 2018.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

18 truck companies and organizations call for zero-emission trucks

A newly-formed coalition of European key players in road freight urges the EU to accelerate the...

Number of workplace deaths down by one-third

The number of workplace deaths in Lithuania shrank by 33 percent, or 7 cases, in the first half of...

Unique integrated health monitoring system for stroke survivors patented in Lithuania

Group of biomedical engineers from biotech company Gruppo Fos Lithuania together with researchers at...

President hopes for fair distribution of EU recovery fund

Increased financing for the European Union’s (EU) cohesion policy is one of the biggest expectations...

Lithuanian Airports regain their tempo

The three international airports of Lithuania summarised the results of the second quarter and...

Top news

Rzeczpospolita editor: Polish president sees Nauseda as his personal ally

Polish President Andrzej Duda regards Lithuania as a strategic partner and considers President...

Interior minister sees no need for tighter controls on returnees

Interior Minister Rita Tamasuniene currently sees no need for tightening controls on people returning...

18 truck companies and organizations call for zero-emission trucks

A newly-formed coalition of European key players in road freight urges the EU to accelerate the...

Zalgiris Kaunas names Austria's Schiller as head coach

Zalgiris Kaunas has named Martin Schiller , a 38-year-old Austrian specialist, as its head coach,...

Only 1 new coronavirus case

On Monday, only 1 new COVID-19 case has been confirmed in Lithuania. In total, Lithuania has already...

|Maža didelių žinių kaina