Mon, 1 September
24.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Moody’s likely to revise Armenia’s sovereign rating

YEREVAN, February 6. /ARKA/. Armenia’s Finance Minister Vardan Aramyan met today with a group of analysts of the international rating agency Moody’s Investors Service, who had arrived in Armenia to review the sovereign rating of the country.

The Armenian Ministry of Finance said Aramyan spoke about the latest macroeconomic developments, program budgeting, and introduced the reforms designed to revise fiscal rules, tax policy, tax accounting and internal audit. He also took all the questions from Moody’s analysts.

In 2017 August Moody’s Investors Service confirmed Armenia’s long-term issuer rating and the rating of unsecured debt obligations at the level of B1, with Stable forecast saying the B1 issuer rating was supported by the country’s track record of robust economic and financial management through effective fiscal and monetary policies, and high debt affordability. -0-

spot_img

POPULAR

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Changes made to compulsory motor liability insurance in Armenia

The Armenian Bureau of Motor Insurers has launched a new feature, as reported by the Central Bank of Armenia.

ODDO BHF financial group exploring potential collaboration with Armenian public sector and private enterprises

On Thursday, Armenian Economy Minister Gevorg Papoyan welcomed a delegation from the ODDO BHF financial group, as reported by the press service of the Ministry of Economy.

Armenia’s overall public debt rose by approximately 1.8% to reach $14.1 billion as of July 2025

As of July 31, 2025, Armenia's total public debt was recorded at $14,098.6 million, an increase from $13,852.1 million as of June 30, 2025,according to the Ministry of Finance.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img