S&P Upgrade Highlights Kazakhstan’s Economic Resilience and Investment Potential

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – S&P Global Ratings raised Kazakhstan’s long- and short-term sovereign credit ratings on Aug. 21 to BBB/A-2 from BBB-/A-3, while maintaining a stable outlook. The agency also raised its transfer and convertibility assessment to BBB+ and affirmed Kazakhstan’s national scale rating at kzAAA. The upgrade strengthens Kazakhstan’s position among investment-grade sovereigns and could improve… The post S&P U...

By Saniya Bulatkulova