On May 30, the Moody rating agency confirmed the long -term ratings of the Ukrainian government in foreign and national currency at the CA level and retained a stable forecast.
CA is one of the lowest credit ratings on the scale of Moody, which means a very high risk of default.
According to Moody’s, the war with Russia continues to create long -term problems for the economy and public finances, and even after the euro restructuring in 2024, the burial burial of debts remains high and increases.
The agency predicts that the level of economic growth of Ukraine in 2025 will slow down to 2.5% (against 2.9% in 2024), the state budget deficit will increase to 19% (against 17% in 2024), and public debt will exceed 110% by the end of the year (from 90% in 2024).
Source: Racurs
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.