The Government welcomes the recognition from Fitch and Morningstar DBRS: a “seal of reliability” that reduces debt costs and relaunches the Republic’s international appeal.
A historic result marks a turning point for the Republic of San Marino. With the recent upgrade by Fitch and the Positive Outlook confirmed by Morningstar DBRS, the country has achieved double Investment Grade certification.
This revaluation is not merely a technical figure, but a fundamental signal for markets and the business community: San Marino is no longer on a “watchlist,” but represents a solid and credible economic partner.
Details of the International Recognition
The Congress of State welcomed the news, defining it as “an extraordinary result, exceeding even the most optimistic expectations.” This milestone is the result of a strategic path built on three fundamental pillars:
- Banking sector recovery: Targeted interventions to ensure long-term financial stability.
- Prudent budget management: Careful fiscal policies that have strengthened the State’s economic foundations.
- Structural reforms: Essential regulatory changes aligning the Republic with top international standards.
Opportunities for Businesses and Investors
For the Sammarinese economy and foreign investors, the return to Investment Grade status brings tangible and immediate benefits, as highlighted by the Executive:
“The double recognition will lower the cost of public debt, freeing up precious resources for development and positioning San Marino as an attractive hub for international investors.”
Higher credit reliability translates into easier access to capital and a renewed climate of trust. The path is now clear: continuing with reforms and accelerating the process of European integration are the keys to guaranteeing the Republic’s future prosperity.
