Price growth fell into deflationary territory in Armenia in 2023 (December: -0.6%), as the effects of a strong dram, lower international food prices, and the lagged impact of a tight monetary policy were felt. Fitch’s expectation of a weaker dram will result in higher inflation in 2024-25, averaging 3.9% (target: 4%), Fitch Ratings said in a report
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Archive for January 29th, 2024
Fitch expects inflation in Armenia to rise to 3.9% on average in 2024-2025
Monday, January 29th, 2024Fitch: Armenian government’s general debt amounted to an estimated 48.2% of GDP at end-2023
Monday, January 29th, 2024Armenian government’s general debt (GGD) amounted to an estimated 48.2% of GDP at end-2023 (‘BB’ median: 52%).Fitch Ratings said in a report.
Fitch Ratings has affirmed Armenia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook.
Monday, January 29th, 2024Fitch Ratings has affirmed Armenia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB-‘ with a Stable Outlook
