Page 31 - BELRptNov18
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8.2 Central Bank policy rate
The National Bank of Belarus (NBB) intends to cut its benchmark interest rate to 14-16% by the end of 2017 , its deputy chairman Sergei Kalechit said on October 4.
8.4 International ratings
BELARUS - Rating agency
as of Jan 2018
Bond rating: Moody’s
Caa1(S)
Bond rating: Fitch
B (S)
Bond rating: S&P
B (S)
S&P Global Ratings affirmed its 'B/B' long- and short-term foreign and local currency sovereign credit ratings on Belarus.
The outlook on the long-term ratings is stable. The stable outlook reflects the S&P expectation that Belarus' external imbalances will not escalate while the fiscal stance remains comparatively tight over the next 12 months, and that the government will retain market access and support from Russia to refinance upcoming public debt redemptions. Standard & Poor's expects growth to average 2% a year in Belarus over 2019-2021.
31 BELARUS Country Report November 2018 www.intellinews.com
