The rating of Georgia according to “Standard and Poor’s Ratings 2011”
- Long-term foreign and local currency Sovereign Credit Ratings “B+” (change from B)
- Prospect: Stable
Strong ratings in the following:
- Government’s political commitment to market oriented policies and structural reforms
- Relatively strong economic structure and growth prospects
· Low tax regime and business-friendly environment
- High potential growth rate
- Moderate levels of government debt
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