KYIV, Aug 9 – Fitch Ratings has revised the outlook on Ukraine's Long-Term Foreign-Currency Issuer Default Rating (IDR) to positive from stable and affirmed the IDR at 'B.'
This decision was influenced by the relative resilience of Ukraine to the coronavirus shock and the expected decrease in public debt to GDP to 57% in 2021 on the back of budget outperformance and recovering GDP, Fitch said.
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