#FITCH
Former Finance Minister Names Key Risks to Armenia's Rating Following Fitch's Decision (EXCLUSIVE)
Fitch Ratings recently affirmed Armenia's sovereign rating at 'BB-' with a positive outlook, citing growing international reserves, resilient economic momentum, and reduced short-term risks of military escalation thanks to the US-backed peace framework with Azerbaijan.Fitch rating does not eliminate main threats to Armenian economy - Manasaryan
Fitch Ratings' affirmation of Armenia's "BB-" rating with a "positive" outlook is overly optimistic, as the sustainability of the peace process with Azerbaijan remains uncertain and the country's economy faces serious structural and external risks.Fitch Ratings: peace agreement between Armenia and Azerbaijan reduces risk of renewed hostilities
The peace framework agreement between Armenia (BB-/Stable) and Azerbaijan (BBB-/Stable) is a positive step towards a comprehensive deal and reduces the risk of renewed hostilities, although obstacles remain, Fitch Ratings says.Armenia's economic growth rate to slow to 5% in 2025 - Fitch forecast
Armenia's economic growth rate will slow to 5% in 2025, and to 4.7% in 2026-2027, compared to an average of 8.9% in 2022-2024, according to a report by international rating agency Fitch Ratings dated July 18, 2025.Finance Minister States Condition for Improving Armenia's Country Rating
Armenia’s Finance Minister, Vahe Hovhannisyan, addressed concerns regarding the stagnation of the country's credit rating despite positive financial indicators reported by the government over the past seven years.Fitch expects Armenia not to use $121 million available under IMF agreement
Fitch expects that authorities will not draw down the USD121 million available under the IMF Stand-By Arrangement (expiring this year), and will treat it as a precautionary buffer. Net external debt will be about 2x the projected 'BB' median, averaging 26.8% of GDP in 2025-2026.Fitch does not expect meaningful diversification of Armenian economy away from Russia in the near term
Armenia's economy is highly dependent on Russia for trade and energy, Fitch Ratings says in a report. It says it does not expect meaningful diversification away from Russia in the near term.News 1 - 20 of 87
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