World

Kyiv sets a precedent, thanks to which Ukrainian cities will be able to receive post-war support

Expert Aleksey Golobutsky noted that the reputation of the capital in relations with international partners will help other communities receive assistance after the war.

REUTERS illustration

Keeping Kyiv’s definition of “ССС+” in the S&P Global Ratings will contribute to the post-war reconstruction of Ukrainian cities.

Political expert Aleksey Golobutsky wrote about this on his page in Facebook.

“Ukraine asked for CC in the latest S&P Global Ratings rating. Unfortunately, this is expected in the current conditions. However, the indicator of the capital was defined as ‘CCC +’. That is, the city is able to fulfill its debt obligations. And this gives grounds for optimism. This means that Klitschko, even in the conditions of war, manages to service the city’s debts, which means that the capital can count on financial support from international structures,” Golobutsky wrote.

He noted that the reputation of the capital in relations with international partners will help other communities to receive assistance after the war.

“Why is this good news for the whole country? Because our international partners will play a key role in the post-war renewal of the country. Without investment and borrowing, it will take decades to restore the infrastructure destroyed by the Russians. And today the Kyiv authorities are creating a precedent that will help large and small Ukrainian communities to receive support after the end of hostilities. It really gives a little confidence,” the expert summed up.

Leave a Reply

Your email address will not be published.

Back to top button