BUDAPEST: Credit rating agency Moody's could lift its Ba1 rating on Hungarian government debt on signs of sustained growth prospects backed by greater policy stability or strong evidence of debt falling, it said in an annual credit analysis on Friday.
It said the regular research was an update to markets and did not constitute a rating action.
"Downward pressure on the rating could stem from any weakening of policymakers' commitment to containing the budget deficit to less than 3 percent of GDP, or the introduction of measures that would affect the growth outlook," it added.
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