#OUTLOOK
S&P upgrades Armenia To 'BB-' From 'B+' On Robust Growth And Improved Fiscal Position; Outlook Stable
After a stellar year for Armenia's economic output in 2022, the growth is expected to slow but remain at a robust 7.5% in 2023, S&P Global Ratings said as it raised August 25 its long-term foreign and local currency sovereign credit ratings on Armenia to 'BB-' from 'B+' and affirmed its short-term foreign and local currency sovereign credit ratings at 'B'.Fitch Ratings reaffirmes Ardshinbank at 'B+', upgrading outlook to Stable
Fitch Ratings, an international credit rating agency, affirmed Ardshinbank’s Long-Term Issuer Default Rating at B+, upgrading Outlook to Stable from Negative. Fitch has also affirmed the bank’s Viability Rating at b+'.EDB releases Macroeconomic Review report for October 2021
The Eurasian Development Bank (EDB) has released the Macroeconomic Review report for October 2021, which is an interim publication between macroeconomic forecasts and contains statistical information on the main macroeconomic indicators of the EDB member countries: Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan.Fitch Ratings Affirms Armenia at 'B+'; Outlook Stable
The impact of the twin Covid-19 pandemic and conflict shocks saw Armenian government indebtedness reverse its prior downward trend, with general government debt/GDP rising 13.8pp to 67.3% at end-2020, overtaking the current 'B' median (63.8%), Fitch Ratings said last week after affirming Armenia's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at 'B+' with a Stable Outlook.Moody's upgrades Armenia's rating to ba3; changes outlook to stable from positive
Moody's Investors Service ("Moody's") said today it has upgraded the Government of Armenia's local and foreign currency long-term issuer and foreign currency senior unsecured debt ratings to Ba3 from B1.News 1 - 20 of 34
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