Fitch Ratings affirms Yerevan’s rating

On November 30, 2018 the international rating agency Fitch Ratings affirmed Yerevan’s rating in the sphere of public finances, level “B+”; “Positive” Outlook. It should be reminded that on December 17, 2017 the agency reconsidered and increased the rating of Yerevan at “B+” from “Stable” to “Positive” Outlook. Fitch Ratings agency considers this fact to be a positive change in Yerevan’s fiscal performance.
More detailed information about the rating and outlooks is available at the official website of the agency www.fitchratings.com.