S&P Affirms Kazakhstan’s Credit Rating with Stable Outlook Amid Fiscal Pressures

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S&P Affirms Kazakhstan’s Credit Rating with Stable Outlook Amid Fiscal Pressures

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – S&P Global Ratings has affirmed Kazakhstan’s long-term sovereign credit rating at ‘BBB-’ and short-term rating at ‘A-3,’ maintaining a stable outlook despite rising fiscal pressures.  S&P logo. Photo credit: Ministry of National Economy In its Feb. 21 release, S&P analysts explain the rating underscores Kazakhstan’s robust fiscal and external balance sh…