Fitch raised CR’s rating

Published: 07.09.2017 Related countries:  Kanada Canada

Fitch Ratings and the Czech Republic

 

Fitch Ratings has revised the Outlook on Czech Republic’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) to Positive from Stable and affirmed the IDRs at A+. There has been a marked improvement in fiscal balances, which reflects prudent policy and strong economic performance. Fitch expects the general government balance to record a surplus of 0.1% of GDP in 2017.