JCR confirms Poland's rating at ‘A’ with stable outlook

Japanese Credit Rating Agency confirmed the long-term rating of Poland in foreign currency at the “A” level and in the national currency at the “A+” level. The prospects for both ratings are stable. The implementation of the fiscal package will not lead to an increase in the general government deficit above 3 percent of GDP, the agency considers.

In the JCR’s opinion, the current rating reflects the diversified and stable foundations of the economy, sound fiscal policy and improving external liquidity. The rating, on the other hand, limits the high foreign debt in relation to GDP. 

(PAP)