Moody’s raised Ukraine’s credit rating to В3

The international rating agency Moody’s Investors Service upgraded Ukraine’s credit rating to В3 from Саа1, stable outlook,

according to a post by the Prime Minister of Ukraine, Denys Shmyhal, on his Facebook page.

In his opinion, a rise in the rating is a powerful positive signal for Ukrainian and foreign investors.

“A rise in Ukraine’s credit rating by Moody’s shows that the government financial policy helps strengthen the Ukrainian economy,” Denys Shmyhal noted.

As GMK Center reported earlier, the Cabinet of Ministers of Ukraine adopted a program to reboot the economy in H2 2020 following the coronavirus epidemic. The reboot program is based on the principle of priority of Ukrainian manufacturers.