Armenia’s minister of finance met with Fitch Ratings experts

YEREVAN, January 29. /ARKA/. Armenia’s minister of finance David Sargsyan met with Fitch Ratings expert group last Friday.

The expert group was in Armenia to have meetings and discussions to assess the country’s sovereign rating, the press office of the ministry of finance reported.

Among issues discussed were public financial administration and its priorities and main indicators. Factors influencing the sovereign rating were discussed at the meeting.

According to Fitch, Armenia’s long-term foreign and local currency Issuer Default Ratings is BB, outlook stable.–0–

spot_img

POPULAR

An increase in refinancing rate will not necessarily lead to higher loan prices: Head of Central Bank

An increase in the refinancing rate does not necessarily mean higher loan prices, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Armenia’s Deputy Prime Minister and ADB Vice President Discussed Attracting Private Capital and Infrastructure Development

Opportunities for attracting private capital, expanding public-private partnerships (PPPs), and implementing the "Crossroads of Peace" project were discussed at a meeting between Armenian Deputy Prime Minister Mher Grigoryan and an Asian Development Bank (ADB) delegation led by Vice President Wempi Saputra.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.26 points to 360.88 drams on October 26, 2026, compared to October 23.

Armenia plans to significantly increase capital expenditure on infrastructure — Ministry of Finance

Armenian Finance Minister Vahe Hovhannisyan and Asian Development Bank (ADB) Vice President Wempi Saputra discussed prospects for expanding cooperation, including in infrastructure investment and promoting the export of Armenian products.

Pashinyan: Armenian citizens received 95 billion drams in income tax refunds in 2025, and 78.6 billion drams in 2026

In 2025, Armenian citizens received 95 billion drams (approximately $263 million) in income tax refunds on mortgage loans, and 78.6 billion drams since the beginning of 2026.

LATEST NEWS

spot_imgspot_imgspot_img