investment credit rating

S&P confirms Serbia’s BBB- rating with stable outlook despite energy and investment risks

S&P Global Ratings has confirmed Serbia's investment grade rating at BBB- with a stable outlook. According to the report, despite increased political uncertainty and challenges in the energy sector, Serbia continues to demonstrate macroeconomic stability, supported by a credible fiscal policy framework and adequate foreign exchange reserves, the Ministry of Finance reported via RTS. The agency highlighted that the Serbian government remains committed to maintaining a budget deficit target of three percent of GDP until 2028, which is expected to…