Economy
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Fitch Ratings Raises Armenia's Credit Outlook to Positive, Says PM Pashinyan
Mariam Z.
The prestigious international agency Fitch Ratings has upgraded Armenia's credit outlook to 'Positive' while maintaining the rating at 'BB-'. Prime Minister Nikol Pashinyan announced this on his Telegram channel.
“This is not merely a statistical change. It is a professional endorsement that Armenia's adopted economic policies and institutional stability are gaining new qualitative weight in international markets. It is a vote of confidence in our country’s economic resilience and political will. Armenia's economic development is entering a new phase of confidence. Congratulations to all of us,” the Prime Minister stated.
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