Moscow region affirmed credit rating at AA+ with a positive outlook

March 01, 2023, 14:34

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The credit rating of the Moscow region remained at a high level according to the analytical credit agency. The region maintained the indicator at the level of AA +. This was told by the Minister of Economics and Finance of the Moscow Region Natalia Maslenkina.

The high credit rating of the Moscow Region is an indicator of the efficiency of the region’s budget policy. It is possible to keep it thanks to the high level of economic development and stable budget indicators. The figures are also influenced by the moderately low debt burden. The agency gives a “positive” outlook on the rating.

“A high level of economic diversification, a consistently high share of the budget’s own revenues with a flexible spending structure and a moderately low debt burden allow maintaining a high level of creditworthiness in the region. At the same time, the “positive” outlook implies an improvement in the credit ratings of the Moscow Region in the future,” Maslenkina specified.

The Moscow region actively supports entrepreneurs in the region. Andrey Vorobyov spoke about the innovation for entrepreneurs on the investment portal of the Moscow Region.

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