According to data published by the International rating Agency S&P (Standard & poor’s Global Ratings), Belarusian long-term credit rating at the moment remains stable at ‘ b—’. Short-term sovereign rating is also unchanged and is at the level “B”.
S&P noted that the low rating of the Belarusian economy is marked first and foremost, inefficient monetary policy and the weak external position. Its stability is maintained only by the financial support of Russia and primary budget surplus.
The probability that the rating Agency will raise or lower the Belarusian level to the nearest is approximately 33.3 %. The downgrade may be associated with collapse of the stabilization program of the government, or if Russia will weaken financial support for Belarus.
