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Reforms in energy sector to improve Armenia’s Moody's sovereign rating

17.07.2017 16:20

Reforms in energy sector to improve Armenia’s Moody's sovereign rating

YEREVAN, July 14. /ARKA/. Reforms in Armenia's energy sector will improve the country's Moody's sovereign rating, Ashot Manukyan, energy infrastructures and natural resources minister, said on Friday as he met with a representative of Moody's.

Manukyan presented the energy, water reserves and natural resources programs being implemented in Armenia.

«Armenia has applied to the Extractive Industries Transparency Initiative to join it,» he said. «I am convinced that this will have a positive impact on Armenia's sovereign rating.»

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