Amendments to Law on Structure and Activities of Government adopted by Armenian Cabinet raise a number of problematic issues - expert Friday, August 7 2026
|
 ArmInfo. The amendments to the Law "On the Structure and Activities of the Government" adopted by the Armenian Cabinet yesterday raise a number of problematic issues. Economist Haykaz Fanyan wrote about this on his Facebook page. |
ArmInfo.The Council of the Eurasian Economic Commission (EEC) has allocated an additional quota to Armenia for the duty-free import of electric vehicles. Gevorg Papoyan, Armenia's Minister of Economy, announced this update in a video posted on his official Facebook page.
ArmInfo. The Hotel Association of Armenia NGO has won the tender to become the authorized organization responsible for assigning star ratings to hotel facilities in the country. According to the Tourism Committee press service, an official agreement was signed between the Committee and the Association on August 7.
ArmInfo. The vacation season traditionally becomes a peak time not only for tourists, but also for scammers. One of the most dangerous schemes in recent years targets users of hotel booking services. What makes it particularly dangerous is that the scammers’ message may arrive through an official communication channel and contain real details about your trip.
ArmInfo.During the week of August 3 to 7, 2026, activities on Armenia's interbank foreign exchange market were characterized by a higher volume of Russian ruble transactions compared to US dollars and euros. Specifically, the decline in dollar transactions accelerated from 40.3% to 62.5%, while the trend in ruble transactions increased from a 57% decline to a 98% increase.
ArmInfo. Agricultural risk insurance is gaining momentum in Armenia, finally picking up in 2026 after two years of inactivity.
ArmInfo. Armenia's insurance sector increased its net profit in the first half of 2026 by 71.4% year-on-year (versus a 2.1-fold increase a year ago), reaching AMD 3.3 billion ($9.1 million). Moreover, this high double-digit growth rate, despite some slowdown, is the result of tariff increases introduced a year ago, which boosted premium and claim growth. While collections have significantly weakened, payments have accelerated. This is evidenced by the Financial Rating of Armenian Insurance Companies as of June 30, 2026, prepared by ArmInfo Investment Company based on published financial reports and additional data requested from insurance companies.
ArmInfo. Armenia's dominant export, mineral raw materials, has increased significantly in volume, while its main import, machinery and equipment, has achieved double- digit growth from stagnation. This is evidenced by data from the Statistical Committee of the Republic of Armenia for the first half of 2026.
ArmInfo. In Armenia, the industrial producer price index increased significantly in the first half of 2026 compared to the same period in 2025, rising from 102.1% to 108.9%. This was observed against the backdrop of improved annual performance in the industrial sector, which rebounded from a 12.1% contraction to a 10.8% growth rate, reaching AMD 1.5 trillion ($4.1 billion). This is according to preliminary data from the RA Statistics Committee. A similar upward trend in the industrial PPI was recorded in June 2026 compared to June 2025, climbing from 102.5% to 108.8%. Over this period, industrial performance also shifted into positive territory, registering a 4% growth rate compared to a 1.2% decline a year prior.
ArmInfo. Armenia has begun restoring the Gyumri-Akhurik and Yeraskh railway sections to ensure transport access to the borders with Turkey and Azerbaijan.
ArmInfo. Armenia has begun restoring the Gyumri-Akhurik and Yeraskh railway sections to ensure transport access to the borders with Turkey and Azerbaijan.
ArmInfo. At its meeting on August 5, the Public Services Regulatory Commission (PSRC) of the Republic of Armenia extended the thermal power generation license of Hrazdan-5 CJSC, issued to Gazprom Armenia CJSC.
ArmInfo. Iranian gas is not an alternative to Russian gas, as stated by Minister of Territorial Administration and Infrastructure David Khudatyan to reporters on July 29, when commenting on the agreements reached with the Iranian side during his recent visit to Iran.
ArmInfo. By the decision of Prime Minister Pashinyan, Tatev Aslanyan has been appointed Deputy Minister of High-Tech Industry of Armenia. Aslanyan holds a degree from Erasmus University Rotterdam (Netherlands).
ArmInfo. Prime Minister Nikol Pashinyan visited the Eleveight AI plant in Gagarin, Gegharkunik Province, which is the first artificial intelligence development plant in Armenia and the South Caucasus utilizing NVIDIA Blackwell B300 technology.
ArmInfo. The Real Estate Cadastre Committee is expanding its verification capabilities for real estate transactions. During a government session on July 23, Committee Chairman Suren Tovmasyan presented the draft enabling tripartite agreements to be concluded online for primary market mortgage financing between a developer, a buyer, and a bank or mortgage company licensed by the Central Bank.
ArmInfo. Armenia wants to fully clarify the Real Estate Cadastre by January 1, 2030. The National Assembly of the Republic of Armenia will discuss amendments to the laws "On State Registration of Property Rights" and "On Urban Development" in the first reading at its plenary session on June 18.
The Trump route could become the ultimate beneficiary of Armenia`s major Teghut copper-molybdenum deposit
Mining and metallurgy essential to Armenia`s tech and defense sectors- says ZCMC Vice President
For first time, institution of restructuring insolvent banks is being introduced in Armenian banking system
Customs duties not to be charged for delivery of new trolleybuses to Armenia
In Armenia, steps have been taken to address the issue of changing the taxation of dividends from shares and stakes in the country`s commercial banks