Fitch Ratings has the Republic of Moldova a Long-term foreign-currency issuer default rating (IDR) of “B+” with a stable outlook specified. This rating reinforces the country’s continued commitment to maintaining macroeconomic and financial stability through prudent fiscal policies, credible inflation targets and a flexible exchange rate regime. These factors, along with a resilient banking sector, reflect Moldova’s progress in overcoming previous challenges and building a more stable financial environment.
One of the main elements for this ranking is the stability of the Moldovan banking sector. Over the past 10 years, the Republic of Moldova has undergone a major overhaul of its governance standards. Today, the sector remains well capitalized, profitable and has a low level of non-performing loans. These developments have strengthened the country’s financial system and increased confidence in its ability to withstand economic pressures.
Victoria Belous, Minister of Finance of the Republic of Moldova, emphasized the importance of the rating in strengthening the financial strength of the Republic of Moldova:
“The B+ rating with a stable outlook reflects our efforts to maintain financial stability and prudently manage public debt. It sends a strong signal to investors and proves the effectiveness of our policies. This level will open up new funding opportunities and support Moldova’s expansion in international markets.”
Their statement confirms the government’s focus on responsible fiscal management and the alignment of the rating with Moldova’s desire to attract international investors.
Dumitru Alaiba, Minister of Economic and Digital Development of the Republic of Moldova, also mentioned the positive impact of the Fitch rating on the global investment attractiveness of the Republic of Moldova:
“We have been trying to improve the level of our country for many years. The Fitch Ratings report is an important indicator for financial markets and institutional investors. The better the rating, the more attractive and sustainable the country and the lower the financial costs. We work on all aspects of reform that affect us. I am pleased that our efforts over the past three years are now producing tangible results. We will continue to work hard to move forward.”
Moldova’s B+ rating combined with its stable outlook confirms the country’s commitment to economic reforms and financial control. By adhering to prudent financial policies and a strong regulatory environment, Moldova is well positioned to take advantage of new financing opportunities. This rating is therefore a milestone for the country, which wants to expand its presence on international markets and strengthen investor confidence.
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