Uzbekistan: Moody’s improves country rating outlook to positive

Moody’s Investors Service has improved Uzbekistan’s rating outlook to positive from stable, and concurrently affirmed the B1 long-term issuer and senior unsecured ratings and the (P)B1 senior unsecured MTN program ratings. “The outlook change to positive reflects demonstrated improvements to institutional capacity and policy effectiveness that, if continued, will support a higher rating. In Moody’s…

Latvia: state debt up in May 2021

At the end of May, the nominal value of Latvian state debt was EUR 13.4 billion, up by EUR 909 million or by 7.3% from the end of 2020, according to information from the Ministry of Finance. The ministry explained that the increase of the state debt was dictated by the issue of ten-year euro…

Ukraine: Ukrzaliznytsia transfers UAH 750 million of dividends for 2019 to state budget

JSC Ukrzaliznytsia transferred UAH 750 million of dividends for 2019 to the state budget, according to the company’s press service. “Ukrzaliznytsia always fulfills its obligations to the shareholder – the state. In 2020, the government’s decision postponed the company’s payment of dividends for 2019. Due to the implementation of the anti-crisis plan, we have now…