The Expert RA rating confirmed the creditworthiness rating of the Jaroslava region at the ruA level with a stable forecast.

♪ The confirmation of the ruA credit rating in 2023 and 2024 shows the region ' s steady socio-economic development in all key areas, noted by the Governor of the Yaroslav region, Michael Evreev. The Jaroslava region demonstrates financial sustainability and is a reliable borrower with moderate risk to investors.

The Agency ' s summary indicates that the credit rating of the Yaroslav region is due to a moderately high level of economic development: the amount of ERF is close to 1 trillion roubles. As a result of 2025, UPU is expected to increase by 1.6 per cent at comparable prices to 1 trillion of 19.2 billion roubles, including through the growth of industrial production, agriculture, construction and retail trade. There is also an acceptable level of demographic development and a developed labour market with low unemployment.

The investment climate is measured at a moderate level. In the 2024 report, investment in core capital showed a significant increase from 20.3 per cent in comparable prices to 176.7 billion roubles in 2023. This is primarily due to investment in manufacturing in the production of coke and petroleum products, vehicles and equipment. Investment in transport and storage also increased.

This year ' s trend has continued: the share of manufacturing investment (up to 43 per cent) has increased through the upgrading of fixed assets of existing enterprises and the construction of new production facilities. Industrial sites are functioning effectively and the territories of advance development are operating in Tutaev, Rostov Great and Gavrilov Yam.

Today, the Jaroslav region is one of the leaders in the country on investment trends. There are now 86 investment projects with a total of 425 billion roubles. As a result, 27,000 jobs are planned.

Also, Expert RA points to the comfort level of budget and debt balance. The outcome document noted that the Jaroslav region had sufficient funds to cover the intra-annual cash balances and short-term liabilities through balances in accounts, access to treasury credits and open credit lines.

Background

Expert RA is included in the credit rating register of the Bank of Russia and is the leader in rating and research and communication.

On the scale used, category “A” means a moderately high level of creditworthiness, financial reliability and sustainability compared with other rating facilities in the Russian Federation.