Fitch affirms Slovenia's credit rating
Slovenia's rating is positively influenced by good governance and social stability, successful public debt management and a credible policy framework linked to membership in the European Union and the eurozone. Among the country's challenges, the credit rating agency cites a relatively high debt ratio, the small size of the economy and structural reforms to address medium-term fiscal challenges associated with an ageing population.
The agency forecasts economic growth for Slovenia at 1.6% this year, rising to 2.8% in 2024 and 2.5% in 2025. Public debt is projected to fall from 72.3% in 2022 to 65.9% of gross domestic product by 2025. Higher liquidity reserves, in turn, allow the government greater flexibility in financing the state budget.