KIEV, May 3 – Ukraine ’s cooperation with multinational financial agencies and plans to reform the economy mitigate the country’s structural weaknesses and high debt, Fitch Ratings reported Wednesday.
Fitch affirmed Ukraine 's Long-Term Foreign- and Local-Currency Issuer Default Ratings at 'B-' with a Stable Outlook.
" Ukraine 's ratings balance weak external liquidity, a high public debt burden and structural weaknesses against improved policy credibility and coherence, near-term manageable debt repayment profile and a track record of multilateral support," Fitch said.
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