YEREVAN, June 7. /ARKA/. Armenia’s Minister of Finance Atom Janjughazyan received today a delegation of the Fitch Ratings, led by the head of the department on sovereign ratings Eric Eraispi.
The Ministry of Finance quoted Eraispi as saying that the purpose of the agency’s annual visits to Armenia is to assess the country’s rating, the results of which will be published next week.
During the meeting, the parties were said to have discussed a string of issues on economic stability, government debt management, tax reforms, as well as issues related to the revision of fiscal rules. The ongoing initiatives of the Armenian government and future plans were also discussed.
Janjughazyan highly appreciated the cooperation with the Fitch Ratings.
In mid-December 2017, Fitch Ratings improved the outlook for Armenia from Stable to Positive, confirming the long-term issuer default ratings (IDRs) in foreign and national currencies at “B +” level. -0-
