Russian Financial Control Monitor
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MOSCOW. Standard & Poor's Ratings Services has affirmed its long-term credit rating on the Khanty-Mansi Autonomous Region (Yugra) at BBB with a stable outlook and national scale rating at ruAAA.
The ratings reflect the region's very high wealth and liquidity levels, low debt, strong if volatile budgetary performance, and a low level of contingent liabilities, the agency said.
Located in West Siberia, the region accounts for over 50% of Russian oil production and is one of the country's wealthiest regions, with a per capita gross regional product (GRP) of about 6x the national average. |
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