The decrease in Fitch's rating of Russia from "BBB" to "BBB-" with a negative outlook has no grounds and represents nothing more than a way to put pressure on the country. This statement was made today at the Federation Council.
"We have already made sure that the ratings have a largely political component, they are often used as a means of putting pressure on the economy and policies of the country," RIA Novosti cites the deputy chairman of the Federation Council Committee on Economic Policy, Sergei Shatirov.
The senator is convinced that the Russian economy is fairly well balanced and has "powerful" accumulated stocks, so conclusions about the downgrade are premature and not justified," he stressed.
The senator believes that in the near future the economy will find the "basis for moving forward", but it is necessary to provide it with the necessary economic resources. For this, Shatirov reminded, the law "On industrial policy" was adopted by the Parliament at the end of December. "We need to work on the development of its own capabilities, and then we won't be afraid of ratings and outlooks," he summed up.