According to him, this development contributes to the internal formation of both the domestic and the foreign capital market. “This is very important for us”, he said.
Prime Minister Nikol Pashinyan said that over the past years the government has issued Eurobonds twice, and in both cases a historical minimum of rates has been registered. “International investors trusted the capacity of Armenia, and they turned to be right in fact. It’s necessary to work with the private sector very intensively, so that the companies will go to the capital market. This will raise the affordability of loans, because if there is an alternative in the market, the banks will have to run a more flexible interest rate policy, which can inject a new blood in our economy”, the PM said.
Minister of Economy Vahan Kerobyan added that the rating helps to activate the processes in the domestic market. “Even the Central Bank for...
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