Moody’s Improves the Ranking Score of Slovenia to Baa1

The international rating agency notes a steady economic growth, debt reduction and consolidation of finance in Slovenia.

Among the problems highlighted by Moody’s analysts, there are the delays in carrying out the healthcare and the pension reforms. At the same time, reforms in the banking sector, the judiciary and public administration were noted as positive.

The decision of Moody’s credit agency to upgrade Slovenia’s ranking by two lines up, according to the Finance Minister Mateja Vraničar Erman, is additional evidence that the country is on the right way. The minister expected an increase in the ranking, but not so high.

“Credit scores are an indicator of the effectiveness of our work and the appropriateness of ongoing activities. This never means that we are already at the end of the road. Such assessments should give us a new impetus and a desire to follow the set goals,” says the Minister of Finance.

For the current year, Moody’s forecasts a 3.6% economic growth in Slovenia.

Source: delo.si