OREANDA-NEWS. July 25, 2011. International rating agency Fitch Ratings has changed the forecast of ratings of Ukraine from stable on positive. Review of the forecast on "positive", first of all, reflects significant reduction of a budget deficit of Ukraine in 2011 owing to restoration of economy and restraint of expenditure.

In particular, the Agency has changed the forecast of long-term Issuer Default rating of Ukraine in foreign and national currency on positive, at the same time it confirmed long-term and short-term IDR at a level B/B. Besides, "ceiling" of a rating of Ukraine at a level “B” is confirmed. Shall remind, what exactly such rating has been appropriated by International rating agency Fitch in June to euro bonds of Ukraine for 1.25 billion of dollars.

On the assessment of international experts which, by the way, in February of this year have lowered a rating of Greece to a level "negative", specific actions of the Ukrainian authority lately have affected. In particular, specialists of the agency have declared, that the Ukrainian Government has shown readiness for the decision of intermediate term budgetary problems and carrying out even to a part of the reforms coordinated with IMF.

Despite of such high assessment of the international experts, that accordingly raises a rating of Ukraine in the world as a whole and expands a possibility to receive credits, the Ukrainian Government aren’t going to do thoughtless new loans. In particular, the Prime Minister of Ukraine Mykola Azarov during the session of the Cabinet of Ministers dated July, 20, has called up to learn to do without external loans. Mykola Azarov has emphasized, that today as never the policy of Ukraine should be weighed, cautious and at the most focused on own forces, on search of internal resources and spurs.

In the opinion of the Prime Minister, "we should limit or at all to refuse external loans and extremely cautiously to concern to granting of the state guarantees".