Shrugging off the election season fireworks, S & P Global Ratings confirmed Ukraine’s sovereign credit rating at the level of “B-/ B”, with the outlook of “stable.”

Shrugging off the election season fireworks, S & P Global Ratings confirmed Ukraine’s sovereign credit rating at the level of “B-/ B”, with the outlook of “stable.” The international rating agency says the stable outlook reflects expectations that Ukraine will comply with the IMF agreement, maintaining macroeconomic stability during the presidential and parliamentary elections. S & P expects Ukraine to retain access to domestic and international capital markets, allowing it to repay debts in 2019. Last month, Fitch confirmed its rating of Ukraine foreign currency bonds at “B-” with a stable outlook.