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Moody's confirms Serbia's Ratings: Stable prospects amid economic stability

Moody's confirms Serbia's Ratings: Stable prospects amid economic stability

Moody's confirms Serbia's Ratings: Stable prospects amid economic stability

Moody's Investors Service has confirmed Serbia's issuer and debt ratings at Ba2 with a "stable" outlook. The decision was made against the backdrop of healthy medium-term growth prospects and economic stability in Serbia amid a challenging external environment.

"The rating agency noted that significant and diverse foreign direct investments support the country, as well as record fiscal consolidation and significant progress in structural reforms supported by the International Monetary Fund."

However, Moody's rating reflects the country's vulnerability to risks associated with the geopolitical situation and legal position.

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Moody's forecast is balanced by the expectation that Serbia will continue to adhere to a cautious fiscal policy and progress in structural reforms, despite risks associated with the energy sector and geopolitical events.

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