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Credit rating of Kyrgyzstan remains unchanged for three years

The credit rating of Kyrgyzstan, which is assigned by Moody’s, remains unchanged for three years. Official website of the agency says.

International rating agency Moody’s confirmed the credit rating of Kyrgyzstan. The statement notes that the rating reflects a relatively high level of debt and improvements in the work of the state institutions. At the same time, quite low expenses for debt servicing and reliable growth prospects were noted.

As a result, Kyrgyzstan’s rating is B2 stable, which is considered to be highly speculative.

The rating remains unchanged since December 2015, when it was first assigned to the republic. At the same time, the information about the rating of Kyrgyzstan is closed, therefore it is impossible to study the data why the experts assigned it to the republic.

Initially, Kyrgyzstan used the services of two agencies — Standard & Poor’s and Moody’s. Later, the country decided to refuse the services of the first one.