Fitch revises outlook on Kazakhstans rating to positive.

By bne IntelliNews December 21, 2010
Fitch revised Kazakhstans long-term debt rating to positive from stable. At the same time, the agency confirmed long-term foreign and local currency ratings at BBB- and BBB. The revision reflects recovery of the countrys economy which is mirrors in economic GDP, better balance of payments, some signs of stabilization of the banking system and decreasing of budget deficit.

Related Articles

Kazakhstan in talks with McDonald's.

Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more

Kazakhstan to establish institute for energy and energy effectiveness.

Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more

Kazakhstan to diminish oil products imports from Russia.

Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335