Fitch Ratings Raises Country Ceiling Ratings Of Armenia To ‘Bb’

FITCH RATINGS RAISES COUNTRY CEILING RATINGS OF ARMENIA TO ‘BB’

ArmInfo
2008-07-03 17:45:00

Fitch Ratings Has Raised The Country Ceiling Rating Of Armenia From
‘BB-‘ To ‘BB’, Prime Minister Tigran Sargsyan Said At The Government
Session Thursday.

The premier called that an extremely important news that will help
creating favorable investment climate and ensuring economic growth. It
is very important that such an authoritative agency as Fitch Ratings
outlined the initiatives by the new government to create competitive
and diverse economy and its consistent macroeconomic policy as factors
for raising the country rating.