{"id":60197,"date":"2013-08-21T10:36:39","date_gmt":"2013-08-21T10:36:39","guid":{"rendered":"https:\/\/armbanks.am\/2013\/08\/21\/239163\/"},"modified":"2024-12-15T13:06:34","modified_gmt":"2024-12-15T13:06:34","slug":"moodys-changes-armenias-rating-from-negative-to-stable","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2013\/08\/21\/60197\/","title":{"rendered":"Moody\u2019s changes Armenia\u2019s rating from negative to stable"},"content":{"rendered":"<p><strong>YEREVAN, August 21. \/ARKA\/.<\/strong> Moody\u2019s Investor Service released a report saying it changes outlook on Armenia&#8217;s Ba2 rating to stable from negative, Armenia\u2019s ministry of finance reported.<\/p>\n<p>In November 2011 Moody\u2019s downgraded outlook on Armenia\u2019s Ba2 rating from stable to negative.<\/p>\n<p>The key drivers of the change in the outlook are Armenia&#8217;s commitment to multi-year fiscal consolidation, driven partly by a steady revenue mobilisation; gradual reduction in Armenia&#8217;s still large current account deficit at 11.1% of GDP at year-end 2012, supported by an improving income balance; and access to external funding sources on favourable terms, including significant private remittances, FDI inflows and official lending sources, according to the report.<\/p>\n<p>Moody&#8217;s has also changed the local-currency ceiling in Armenia to Baa3 from Baa1.\u20130&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moody\u2019s Investor Service released a report saying it changes outlook on Armenia&#8217;s Ba2 rating to stable from negative, Armenia\u2019s ministry of finance reported<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,12172,15648,315],"class_list":{"0":"post-60197","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news","8":"tag-armenia-2","9":"tag-economy-en","10":"tag-moodys-2","11":"tag-315"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/60197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=60197"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/60197\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=60197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=60197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=60197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}