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23 July, Monday

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RAEX confirmed Bashkortostan credit rating at stable level

Economy/Business

UFA, 19 June 2018. /Bashinform News Agency/ translated by Tatiana Aksyutina/.

The RAEX (Expert RA) rating agency confirmed a credit rating of the Republic of Bashkortostan on the national scale at the level of "ruAA +", the outlook is "stable". The assessment reflects a high level of creditworthiness, financial reliability and sustainability, the Finance Ministry RB explained.

According to the analysts of the agency, a high level of the region’s investment attractiveness, a significant share of its revenues, an effective budget execution policy, and a low level of debt burden affect positively on the rating.

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