ACRA assessed creditworthiness of Belarus

According to the Russian agency ACRA, the longterm credit rank of Belarus is very low (B+), and the forecast is "Developing", Sputnik reported.

A "B+" means "a low level of creditworthiness in comparison with other rated entities, securities issues or financial obligations." That is, it is not a default, and the bond issuer has the opportunity to pay the money on time and in full.

Analysts noted both negative and positive trends and stressed that the key factor in the recovery of the Belarusian economy is the ongoing integration with Russia.

Recently we posted that the National Bank plans to develope a digital Belarusian ruble.

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