International Economic Community Responds Positively to Armenia's Government Economic Policy

The international rating agency "Fitch" has raised the sovereign ratings of the Armenian government’s long-term obligations in both foreign and national currencies by one level.

This was announced today, November 25, by Armenian Prime Minister Nikol Pashinyan on his Facebook page.

“The international rating agency "Fitch" has raised the sovereign ratings of the Armenian government’s long-term obligations in foreign and national currencies from "B+" to "BB-" with a stable outlook. This, along with a similar decision from Moody's, reflects the positive stance of the international economic community towards the economic policy pursued by the Armenian government,” Pashinyan wrote.