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Credit rating assigned to Penza region becomes known

12:14 | 11.09.2019 | Economy

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Penza, 11 September 2019. PenzaNews. Analytical Credit Rating Agency (ACRA) confirmed the creditworthiness rating of the Penza region at the level of ruBBB+, with a stable outlook.

Credit rating assigned to Penza region becomes known

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"The result of the credit rating of the Penza region is due to the balance of the budget, high level of forecasting of own revenues and moderate debt burden," the message posted on the website of the Ministry of Economy of the region says.

It notes that for the first time the credit rating of the Penza region was published by ACRA in September 2018, and its next revision is expected in March 2020.

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