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Fitch Affirms Georgia at 'BB'; Outlook Stable » FINCHANNEL

A credible and effective policy framework and stronger governance indicators relative to 'BB' rating category peers' underpins Georgia's rating. Long-standing support from official creditors have helped reduce risks to macro stability and supported financing needs. These credit strengths are balanced by significant exposure of public debt to foreign-currency (FC) risk, high financial dollarisation, and externalA credible and effective policy framework and stronger governance ...
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