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35 Years of Trust: IDBank Celebrates with Its Customers
Armenia and Egypt explored opportunities for cooperation in waste management
The IMF has improved its forecast for Armenia`s GDP growth in 2026 from the previous 5.3% to an updated 5.5%, expecting inflation to significantly exceed the target, reaching 4.6%
The government will allocate an additional 2.071 billion drams for the implementation of subsidy programs
The Prime Minister on the railway: A rational solution is to change the concessionary management format
The state will allocate an additional 2.035 billion drams for the development of the scientific sphere
The government adopted a bill recognizing the priority public interest in relation to 100% of the shares of ENA CJSC
Over 1.7 million tourists visited Armenia in 9 months
Expert: Turkey is gradually increasing its energy influence in the South Caucasus, increasingly intersecting with the interests of Russia and Iran
Belozerov: Russian Railways intends to strictly adhere to the terms of the concession agreement for Armenian railways
The Armenian Prime Minister discussed with the head of Russian Railways the integration of Armenian railways into international transport corridors.
The State Revenue Committee of Armenia and the BSEC countries discussed measures to combat smuggling and drug trafficking.
In Bangkok, the head of the Armenian Ministry of Finance discussed the country`s economic prospects with international financial institutions.
In Armenia, the loss ratio for compulsory motor vehicle liability insurance (CMTPLI) decreased to 74.5% by October 2026.
Energy expert: Russia`s proposal for a new nuclear power plant for Armenia is the most well-developed
Tsarukyan: Armenian agriculture is currently in crisis due to artificial problems created by the Armenian authorities
Armenia and the United States discussed prospects for expanding economic ties
The State Revenue Committee of Armenia will launch pilot projects on product labeling.
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Armenia`s metallurgical industry achieved high double-digit growth in January-August 2026
Armenia and the United Kingdom discussed the development of a legal framework for international road transport
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Armenian producers are participating in the international exhibition of the bar industry and alcoholic beverages in Berlin.
The "Physmath Friends" Charitable Foundation is the October beneficiary of "The Power of One Dram"
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Politician: The development of Amulsar is turning Armenia into a raw materials appendage of the global economy
Sources: The head of Russian Railways will visit Yerevan on October 13.
A working meeting on the supply of Russian fire trucks to Armenia was held in Yerevan as part of a business mission
The head of the Armenian Ministry of Finance is participating in the work of the International Monetary Fund.
Armenia and Barcelona discussed the possibility of implementing joint applied research projects in the field of vocational training.
As part of its 35th-anniversary events, IDBank has signed a Memorandum of Understanding with the Matenadaran
The business communities of Armenia and Belgium discussed the possibility of forming new partnerships.
The Armenian Parliament ratified the IBRD loan agreement for housing market development.
EFSD Regional Economic Outlook: Armenia`s Economy to Grow by 5.8% in 2026
The Amulsar gold mine will produce approximately 210,000 ounces of gold per year
Nikol Pashinyan announced the launch of the Amulsar gold mine development project
Prospects and current development programs for the urban development sector were discussed at a seminar in Yerevan
Armenian agricultural products and mineral water may appear on the Omani market
“ Izvestia” Suspect the EEC Minister for Internal Markets, Informatization, and Information and Communication Technologies of Sabotage
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Armenian Foreign Ministry Spokesperson: EU Publishes Regulation on Temporary Liberalization of Trade in Armenian Goods
Papoyan: Armenia will begin regular air transportation of agricultural products to the UAE in November.
From October 5 to 9, a decline in dollar and ruble transactions and a resumption of euro transactions were observed on the Armenian interbank currency market.
National Assembly member: We are promoting plans to modernize nuclear energy as a critical component of a diversified energy system
Nelli Kocharyan Presents Converse Bank’s Vision for Development of International Relations at the BACEE Conference
Construction of the Kars-Igdir-Aralyk railway line continues in Turkey
Luys Foundation: Armenia, instead of becoming a center of excellence in tourism, continues to lose ground in the tourism sector
A technical meeting between Armenia and Azerbaijan within the framework of TRIPP was held in Goris
Armenia presented its national pavilion for the first time at the Fruit Attraction international exhibition in Madrid – Ministry of Economy
State Revenue Committee officers uncovered a case of mining without a subsoil use permit.
Armenia`s trade sector is approaching stagnation.
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Cargo transportation in Armenia increased by 6.9% in the first 8 months of 2026, while passenger transportation increased by 12.9%.
Cigarette production in Armenia has begun to decline.
The Armenian Foreign Ministry received a business delegation from Belgium.
38.2 million drams will be allocated for the organization of two Armenian pavilions in Turkmenistan.
BACEE International Conference Kicks Off with Converse Bank as Lead Sponsor
Prime Minister: The head of Russian Railways will visit Yerevan next week
Production of wine, cognac, beer and soft drinks in Armenia is growing at double-digit rates.
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Thursday, October 15 2026 15:12

Alina Hovhannisyan

The government will allocate an additional 2.071 billion drams for the implementation of subsidy programs

ArmInfo. The government will allocate an additional 2.071 billion drams for the implementation of subsidy programs in 11 communities of Armenia. This decision was made at a government meeting on October 15.

Thus, the amount of state co-financing for subsidy programs In 2026, the budget will reach 15.2 billion drams.

Presenting the draft law, David Khudatyan, Minister of Territorial Administration of Infrastructure of Armenia, announced that the programs will be implemented in the communities of Aragatsotn (176.6 million drams), Armvir (78.8 million drams), Gegharkunik (255.7 million drams), Syunik (104.8 million drams), Ararat (469.2 million drams), Lori (598.7 million drams), and Kotayk (329.2 million drams) regions.