Fitch alters KazAgroFinance view to positive

Fitch Ratings said it revised the outlook on JSC KazAgroFinance to positive from stable and affirmed the issuer ratings at BB+.

“The revision of the outlook reflects KAF's involvement in the implementation of the recently adopted national agricultural development program for 2021-2025. The program envisages material support to the company from the state for modernization and renewal of agricultural equipment in Kazakhstan (BBB/stable),” Fitch said in a press release.

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