In December 2022, international rating agency Fitch Ratings reaffirmed Yerevan's rating, setting it at the B+ level in public finance, with a "Stable" forecast.
But in February of this year, it officially informed that as of February 10, the agency has changed Yerevan's B+ level outlook from "Stable" to "Positive" forecast.
More detailed information is available on the official website of Fitch Ratings.
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