The agency pointed to “sustained structural improvements” in the labor market, a rebound in public and private investments, a continuing drop in public debt and a jump in productivity that resulted in economic growth by more than 4% between 2014-2023.
It warned that profligate government spending and a jump in the public debt would potentially put “downward pressure” on the credit rating. The ministry said in a statement it would continue on a “responsible” management of the economy despite the continued challenges the country faces including the war in Ukraine, inflationary pressures and an energy crisis.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: