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Pashinyan jokes about Moody's assessment
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Armenian News - PanARMENIAN.Net
Prime Minister Nikol Pashinyan commented on Moody’s revised outlook for Armenia’s sovereign credit rating, drawing attention to the agency’s assessment of the country’s domestic political stability.
During a government meeting, Nikol Pashinyan referred to Moody’s latest assessment of Armenia’s sovereign credit rating and commented on the agency’s evaluation of the country’s domestic political stability.
It turns out we have domestic political stability — and apparently I wasn’t aware of it,” he said.
In its July 28 review, Moody’s revised the outlook on Armenia’s sovereign credit rating from stable to positive, while affirming the country’s long-term sovereign rating at Ba3.
Moody’s also said Armenia’s medium-term economic growth prospects have improved, forecasting growth of 5-5.5% in 2026-2027, supported by resilient domestic demand, increased investment, continued expansion of the services sector, and higher government spending.