KYIV, March 15 – The international rating agency S&P Global Ratings has confirmed the long-term sovereign ratings of Ukraine in foreign and national currency on the global scale at "B" level, ratings on the national scale at "uaA" and short-term ratings at "B", the outlook for long-term ratings is stable.

"Ukraine's growth, balance of payments and public finances exceeded our expectations in 2020. The adequacy of reserves has improved, which provides protection against possible adverse external events, including further delays in the payment of concessional loans," the agency said, explaining the rating confirmation on Saturday night.