S&P Agency lowered its forecast for Poland’s GDP – Money.pl

Standard & Poor’s Global Ratings lowered its forecast for Poland’s GDP in 2016. to 2.8 percent. (year-on-year) with 3.0 percent. in December. For 2017, analysts at S&P also ścięli forecast from 3.3 percent. by 3.2 percent. rdr – it is connected with the Tuesday Agency.

on 2 December the Agency S&P Global Ratings has affirmed the long-term and short-term credit rating of Poland in foreign currency at “BBB + /A-2″ and long and short term local currency rating at “A-/A-2″.

Before, because it is still 15 December, Moody’s issued a forecast for Russia in 2018. According to its analysts, the dynamics of Poland’s GDP in 2018. will be 2.8 percent. from year to year, and the ratio of the deficit public Finance in GDP was minus 2.8 percent.

in turn, the following Monday, review rating in Poland will make Fitch and Moody’s. It rarely happens that in one day two of the “big three” rating agencies scores. As in the case of Fitch and Moody’s will be the first of three assessments that are going to put Poland in 2017. Standard & Poor’s will evaluate us twice – the nearest date is April 21.

Ratings agencies Fitch and Moody’s will be almost exactly a year after the unexpected decision of S&P cutting Russian rating to BBB+ and lower the point of view from positive to negative. Then Finance Minister Paul Szałamacha said then that the Agency was “wrong” and regarded the decision as purely political, severed from economic phenomena.

it is Worth Recalling that in early September, Moody’s refused to provide a grade that the government had accepted with pleasure, but according to analysts, it was a signal that the Agency believes that it would study carefully the situation in our country.

the Largest risk factor for the rating of Russian is the reduction of the retirement age, which has been repeatedly criticized by analysts and rating agencies. In late November, Moody’s published a report in which he wrote that “Poland is the law on the reduction of the retirement age is a negative factor for the sovereign rating”.

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