For the first time in the history of Georgia the country was assigned „B+“ long-term and „B“ short-term sovereign credit ratings by the „Standard & Poor“ Company. The rating change forecast is „positive“.   According to Roman Gotsiridze, the President of the National Bank of Georgia assignment of sovereign credit rating to Georgia will facilitate the growth of Georgia’s international image. „Above mentioned decision will increase the investors’ credibility in the country and allow the banking sector to attract credit resources at a lower price. Besides that availability of country rating will assist commercial banks to receive high credit rating.“ - said the President of the National Bank of Georgia.   According to the assessments of „Standard & Poor“ experts the correct financial policy, reduction of corruption, structural reforms oriented to market economy, speeding-up of the privatization process and tax reform positively influenced the ratings.   Further growth of sovereign credit rating is possible, if the processes of a successful privatization, effective restructuring of energy sector and transparency of government finance indicators still continue.   „Renewal of sovereign credit rating will mobilize the country’s authorities, which will promote a better rating for the next year.“ – noted the President of the National Bank of Georgia Roman Gotsiridze.   „Standard & Poor“ rates 108 sovereign governments worldwide.