The Ukrainian Defense Industry - Competitive Landscape and Strategic Insights to 2016: Market Profile
- Published: May 2012
On Aug. 3, 2007, Standard & Poor's Ratings Services affirmed its 'BB-' long-term rating on the City of Kyiv, capital of Ukraine (foreign currency BB-/Negative/B; local currency BB/Negative/B; Ukraine national scale 'uaAA'). The outlook remains negative. The rating reflects Kyiv's limited fiscal flexibility, due to central government control of major revenues, and evolving interbudgetary relations. The rating is also constrained by significant expenditure pressures, relatively high foreign exchange risk related to bullet debt repayments, and the need for further improvements in management sophistication and transparency. The rating is supported by the city's position as the economic, financial, and cultural center of Ukraine--which results in growing budget revenues--and sound liquidity levels. Kyiv's rating remains constrained by the lack of visibility of...
Companies mentioned in this report are: Kyiv (City of)
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Product Type: Research Update
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Kyiv (City of)
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