According to Fitch Rating forecast, GDP decline in Armenia by 2009 end will make 15%. Rosinkom informs, that Fitch lowered Armenia’s rating from “BB” tо “BB-”, that proves dramatic decrease of position.

Fitch experts consider that external credits shattered Armenian economy despite the anti-crisis policy carried out by the Government.

Rated the third – is the worst result. This evidences the vulnerability of the economy, insufficient, narrow base, as well as the dependency on individuals, working abroad.