S&P revises Kazakhstan’s credit outlook, citing reforms and fiscal stability

S&P revises Kazakhstan’s credit outlook, citing reforms and fiscal stability

Shorouk Express BAKU, Azerbaijan, August 23. On August 22, S&P revised the outlook for Kazakhstan’s sovereign credit rating from “Stable” to “Positive” while affirming the rating at “BBB-,” the Ministry of Economy of Kazakhstan said, Trend reports. According to the ministry, the agency’s decision reflects Kazakhstan’s steady progress in advancing institutional and economic reforms, including…

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