  Fitch keeps Armenia at BB- rating July 13, 2026 - 18:29 AMT PanARMENIAN.Net - Fitch Ratings has affirmed Armenia's long-term foreign-currency issuer default rating at BB-, while maintaining a Positive outlook, according to the country's Ministry of Finance. The agency forecasts that Armenia's real gross domestic product (GDP) will expand by 5.2% in 2026, well above the projected 2.9% average for countries in the BB rating category. According to Fitch, Armenia's sovereign rating reflects a stable macroeconomic policy framework, sustained strong economic growth and the continued rise in income per capita.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
