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  • Archive for October 6th, 2020

    Fitch Ratings: Armenia's public debt to grow to 63% of GDP in 2020

    Tuesday, October 6th, 2020

    Armenia’s external vulnerabilities, including high and growing net external debt, a relatively large structural current account deficit, a reliance on remittances and relatively weak FDI inflows, remain in place, Fitch ratings said in a report

    Fitch downgrades Armenia to 'B+'; outlook stable

    Tuesday, October 6th, 2020

    Fitch Ratings has downgraded Armenia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B+’ from ‘BB-‘. The Outlook is Stable