Fitch Ratings affirms Belarus Issuer Default Rating at “B” with a Stable Outlook

On November 18, 2019 Fitch Ratings affirmed Belarus's Long-Term Foreign- and Local-Currency Issuer Default Ratings at “B”, Stable Outlook.

The Agency noted the strengthening of macroeconomic stability in the country, growth in international reserves and per capita income, as well as the positive dynamics of debt repayment of the Republic of Belarus.

The rating of Belarus’ Eurobonds is also affirmed at “В”.