"The stable outlook reflects our view that the exploitation of Azerbaijan`s hydrocarbon wealth should support economic growth, but will no longer generate the large fiscal surpluses seen in previous years," S&P reported.
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S&P affirms Azerbaijan`s ratings; outlook stable
31 January 2014
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On Jan. 31, 2014, Standard & Poor`s Ratings Services affirmed its `BBB-/A-3` long- and short-term sovereign credit ratings on the Republic of Azerbaijan. The outlook is stable, S&P reported today.
"The stable outlook reflects our view that the exploitation of Azerbaijan`s hydrocarbon wealth should support economic growth, but will no longer generate the large fiscal surpluses seen in previous years," S&P reported.
"The stable outlook reflects our view that the exploitation of Azerbaijan`s hydrocarbon wealth should support economic growth, but will no longer generate the large fiscal surpluses seen in previous years," S&P reported.
