Two out of the three major international credit rating agencies, Moody’s and Standard&Poor’s had reviewed the rating of Hungarian long-term forex government securities this year and left it unchanged for at “BBB-“, with stable outlook. The announcement of Standard&Poor’s came on 24 February 2017, while that of Moody’s was on 6 March. Prudent fiscal policy, improving economic performance and Hungary’s stable economic balances have all contributed to the fact that Hungary has managed to maintain the rating. On the other hand, the country must improve the external debt position.

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(Ministry for National Economy)