Fitch, the rating agency left the local currency sovereign credit rating unchanged at a grade A with stable outlook despite doubts regarding the willingness of the new government to adopt restrictive budget measures. Fitch projects the budget deficit would reach 6.5 of GDP this year and should fall below 6% next year. Note that the Government targets budget deficit at 5.3% of GDP this year and 4.7% next year.
Tomáš Gatěk