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Fitch affirms Poland's A- rating, stable outlook

PR dla Zagranicy
Grzegorz Siwicki 30.03.2019 10:15
International ratings agency Fitch has affirmed Poland's A- credit rating with a stable outlook.
Image: geralt/pixabay.com/CC0 Creative Commons
Image: geralt/pixabay.com/CC0 Creative Commons

Fitch, one of the world’s "Big Three" credit rating agencies, on Friday cited Poland's “diversified economy and strong macroeconomic fundamentals, supported by a sound economic policy framework, and strong banking sector.”

The agency noted that “Poland outperformed its fiscal targets in 2018, with the general government balance improving to -0.5% of GDP against a budget target of -2% …”

Ratings agency S&P Global in October upgraded Poland's credit rating from BBB+ to A-, while describing the country's outlook as “stable.”

(gs)

Source: IAR, fitchratings.com, mf.gv.pl

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