RAEX-Europe confirmed the sovereign government credit rating of  Armenia at `BB-` with change of outlook from ``Positive`` to  ``Stable``, expecting 1.5% GDP decline in 2020
 Monday, July 13 2020,

ArmInfo. Rating-Agentur Expert RA confirmed the  sovereign government credit rating (SGC) of Armenia at 'BB-'  (Sufficient level of creditworthiness of the government) in national  currency and at 'BB-' (Sufficient level of creditworthiness of the  government) in foreign currency, this is stated in the official press  release of the Armenia credit ratings sovereign.

RAEX-Europe confirmed Armenia`s ratings at `BB-` with outlook  "Positive"
 Thursday, January 16 2020,

ArmInfo. Rating-Agentur Expert RA confirmed the  sovereign government credit rating (SGC) of Armenia at 'BB-'  (Sufficient level of creditworthiness of the government) in national  currency and at 'BB-' (Sufficient level of creditworthiness of the  government) in foreign currency.

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UCO CJSC "GLOBAL CREDIT"1
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