S&P lifts Samara view to stable

S&P said it revised the outlook on Russia's Samara Oblast to stable from negative.

The agency also said it affirmed the BB long-term issuer credit rating and ruAA Russia national scale rating on the region.

The stable outlook reflects an expectation that Samara Oblast's commitment to control costs will allow the region to demonstrate solid budgetary performance during 2017 through 2019, S&P said.

The agency said it anticipates the region will maintain its low debt, the agency said.

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