SCIENTIFIC THEORETICAL AND PRACTICAL SIGNIFICANCE OF SOVEREIGN CREDIT RATINGS
Abstract
The development of the country's economy is a process that takes a lot of money and takes a long time, and it requires attracting foreign debt funds and a large amount of foreign direct investment to the national economy. Attracting foreign debt funds and foreign investments to the country is a very complicated process, first of all it is necessary to convince the lender that they will return their loans with interest, and investors that they will receive the profit from their investment. In this case, lenders must first of all make sure that the borrower is financially stable. A comprehensive study of this process is important for the credit ratings of lending and investment organizations.
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