YEREVAN, March 4. /ARCH/. Armenian Economy Minister Tigran Khachatryan received today Moody’s analysts Christian Fang and Jene Fang to look into a set of issues, such as increasing competitiveness and productivity in the industrial sector as well as enterprises’ ability to absorb innovative technologies.
The parties also looked into the institutional framework for managing public investment and the capital expenditure agenda.
Deputy Minister Naira Markaryan presented financial assistance tools designed for small and medium-sized businesses, as well as new programs being now implemented in the capital market.
At the end of August 2019, Moody’s Investors Service upgraded Armenian government’s rating of the long-term issuer of unsecured debt obligations in national and foreign currencies and priority unsecured debt obligations from B1 to Ba3. The forecast was changed from Positive to Stable.