Fitch affirms Armenia at “B+”

YEREVAN, JULY 27, ARMENPRESS. Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings at “B+”. As “Armenpress” reports, the Outlook is Stable according to the analysis published in the official web-site of the organization.

Fitch forecasts 1.5% increase of GDP in 2015. The Ratings Company assesses the budget of Armenia as relatively stable. Specialists of Fitch forecast 2.5% rise in GDP in 2016 and 2.9% in 2017.