Translated with AI
The international rating agency S&P Global Ratings has affirmed the Republic of Tajikistan's long-term and short-term sovereign credit ratings at "B/B" with a stable outlook. This was reported by the press service of the National Bank of Tajikistan.
According to the agency, the stable outlook reflects a number of key factors, including strengthening macroeconomic stability, maintaining stable economic growth rates, and expanding international reserves. These indicators enable the country to meet its external debt servicing obligations on a timely basis and mitigate the risk of pressure on the balance of payments.
The agency also noted the positive impact of Tajikistan's active engagement with international partners and the continued significant share of concessional loans in its public debt structure. Experts estimate that this contributes to reducing the debt burden and maintaining financial stability.
"The affirmation of the sovereign credit rating reflects the international community's recognition of the country's socioeconomic development and effective macroeconomic management," the National Bank emphasized.
The regulator also noted that the high S&P rating will be an additional factor in strengthening Tajikistan's international standing and attracting foreign investment.
The National Bank noted that it has been cooperating with leading rating agencies, including S&P Global Ratings, since 2014 and is systematically working to strengthen the country's financial stability and integration into international capital markets.
