OREANDA-NEWS. Fitch Ratings has today changed the Outlooks on Republic of Komi's ("Komi") International and National Long-term ratings to Positive from Stable.

Its International Long- and Short-term ratings are affirmed at "BB-" (BB minus) and "B" respectively. The National Long-term rating is affirmed at "A+(rus)".

The Positive Outlook reflects Fitch's expectations that stable economic growth will allow the region to overcome operating expenditure pressures and maintain high operating and current balances.

This follows the consolidation of Komi's budgetary performance, owing to strong economic growth in 2006 and low debt burden ratios.