Ukrenergo owed the Guaranteed Buyer, the state-owned purchaser of renewable electricity, 15.7 billion hryvnias.

The upgrade reflects Fitch's expectations of strong progress on de-leveraging with around $200-$300 million debt repayment in 2021.

Dogdurova enjoys the challenges and professional growth that come from being an entrepreneur. She wants to expand and adapt her business to other Central Asian nations.

According to UNCTAD, the FDI flows to the transition economies of South-East Europe and ex-Soviet republics declined by 58 percent to $24 billion in 2020.

The circulation period of the securities will be three years, the yield is 5 percent per annum, the first tranche is divided into 25,000 bonds with a par value of $1,000 per security.

Uztransgaz that has posted a $340 million loss in 2020, is included in the list of state-owned companies to go public in the next three years.

According to Fitch, the economy will expand by 6.2 percent in 2021 and growth will maintain strong momentum, averaging 5.7 percent in 2022-2023.