ArmInfo NewsFeed
Play Junius, win prizes Play Junius, win prizes 
PSRC rejects Electric Networks of Armenia CJSC`s administrative  complaint PSRC rejects Electric Networks of Armenia CJSC`s administrative  complaint 
MFA: Armenia highly appreciates  Netherlands` support in developing  trade opportunities and expanding access to  European marketMFA: Armenia highly appreciates  Netherlands` support in developing  trade opportunities and expanding access to  European market
Ardshinbank is the Main Sponsor of the “VMF Vanadzor Half Marathon 2025”Ardshinbank is the Main Sponsor of the “VMF Vanadzor Half Marathon 2025”
Armenia, IMF  discuss draft sixth revision of  Memorandum of Economic  and Financial Policies Armenia, IMF  discuss draft sixth revision of  Memorandum of Economic  and Financial Policies 
Economy Ministry discusses  cooperation areas with German Federal  Ministry for  Environment and Nature Conservation and GIZEconomy Ministry discusses  cooperation areas with German Federal  Ministry for  Environment and Nature Conservation and GIZ
Georgian finance ministry announces repayment of debt to Armenia Georgian finance ministry announces repayment of debt to Armenia 
Armenian business between devil and deep sea - businessman Armenian business between devil and deep sea - businessman 
No sentimentality: Armenia s country risk premium went down after  Washington agreementsNo sentimentality: Armenia s country risk premium went down after  Washington agreements
Central Bank of Armenia: High uncertainty in external demand remains  due to  deterioration risks  in global economic growth prospects and  current trends in tourist flows and remittances to ArmeniaCentral Bank of Armenia: High uncertainty in external demand remains  due to  deterioration risks  in global economic growth prospects and  current trends in tourist flows and remittances to Armenia
Central Bank of Armenia improved its GDP growth forecast for 2025 to  5.8-5.7%, still expecting strong decline in exports and importsCentral Bank of Armenia improved its GDP growth forecast for 2025 to  5.8-5.7%, still expecting strong decline in exports and imports
1.5 million tourists visited Armenia in January-August1.5 million tourists visited Armenia in January-August
Financial Education Program for Artsakh Schoolchildren Summarizes Results: IDBankFinancial Education Program for Artsakh Schoolchildren Summarizes Results: IDBank
Stable sideways trend instead of  decline: CB governor on real estate  pricesStable sideways trend instead of  decline: CB governor on real estate  prices
Armenia`s Central Bank governor does not believe that the downgrade  of the ENA rating could affect Armenia`s financial system stabilityArmenia`s Central Bank governor does not believe that the downgrade of the ENA rating could affect Armenia`s financial system stability
"Armenian Banking Days" were held in the capital of Austria
Armenia Central Bank:  Refinancing rate unchanged at 6.75%Armenia Central Bank:  Refinancing rate unchanged at 6.75%
EDB forecasts stabilization of Armenia`s economy EDB forecasts stabilization of Armenia`s economy 
RA Central Bank announces issue of commemorative coin on Henrik  Malyan`s 100th birthday anniversaryRA Central Bank announces issue of commemorative coin on Henrik  Malyan`s 100th birthday anniversary
AraratBank Co-Funds AraratBank Co-Funds "Culture - My Way" Project Financed by UNESCO
Subvention programs are the driving force of Kapan`s development Subvention programs are the driving force of Kapan`s development 
ACBA Bank develops open and trusting relationships with shareholdersACBA Bank develops open and trusting relationships with shareholders
Moody`s Ratings Downgrades Electric Networks of Armenia as a Result of Forced NationalizationMoody`s Ratings Downgrades Electric Networks of Armenia as a Result of Forced Nationalization
Russian gas supply to Armenia to be suspended for 10 daysRussian gas supply to Armenia to be suspended for 10 days
Mantashyants Entrepreneurs Club proposing draft law against tax  racketeeringMantashyants Entrepreneurs Club proposing draft law against tax  racketeering
Armenia preparing `rebranding` of national debtArmenia preparing `rebranding` of national debt
Armenia, US discussing cyber lab establishmentArmenia, US discussing cyber lab establishment
Brendan Hanrahan: Armenia, United States have significant potential  for bilateral cooperation in technological sphereBrendan Hanrahan: Armenia, United States have significant potential  for bilateral cooperation in technological sphere
From September 8-12, 2025, ruble transactions prevalent in Armenia`s  interbank  foreign exchange market instead of dollar transactionsFrom September 8-12, 2025, ruble transactions prevalent in Armenia`s  interbank  foreign exchange market instead of dollar transactions
Armenia proposes US to start developing  roadmap for TRIPP projectArmenia proposes US to start developing  roadmap for TRIPP project
In  Armenia`s insurance market,  loss ratio for OSAGO decreased to  74% by September 2025In  Armenia`s insurance market,  loss ratio for OSAGO decreased to  74% by September 2025
5,092,062 AMD to the Bridge of Hope NGO. The beneficiary for September is the Moonq Technoschool5,092,062 AMD to the Bridge of Hope NGO. The beneficiary for September is the Moonq Technoschool
 LEADER pilot program for rural development to cover three more  regions of Armenia LEADER pilot program for rural development to cover three more  regions of Armenia
High-Tech Ministry  discusses steps to turn Armenia into  regional  Web3 centerHigh-Tech Ministry  discusses steps to turn Armenia into  regional  Web3 center
SRC Head: Armenian Customs Service to operate on  SRC Head: Armenian Customs Service to operate on  "Trump Route"
Yerevan hosting international AI conference Yerevan hosting international AI conference 
Yerevan to host annual banking forum Yerevan to host annual banking forum 
Exchange of information on financial reports to apply only to  nonresidents Exchange of information on financial reports to apply only to  nonresidents 
Armenia`s defense budget 25% of national budget - president Armenia`s defense budget 25% of national budget - president 
Trump Road actually at practical stage - minister Trump Road actually at practical stage - minister 
More pluses than minuses - minister of reopening of Armenian-Turkish  border More pluses than minuses - minister of reopening of Armenian-Turkish  border 
Armenia`s finance minister call for `not terrorizing population by  national debt` Armenia`s finance minister call for `not terrorizing population by  national debt` 
Financing of participatory budgeting programs to be doubled in  Armenia in 2026Financing of participatory budgeting programs to be doubled in  Armenia in 2026
Pay your bill with Idram&IDBank, receive idcoinsPay your bill with Idram&IDBank, receive idcoins
 U.S. Department of State official announces allocation of $145mln to  Armenia for Trump route  U.S. Department of State official announces allocation of $145mln to  Armenia for Trump route 
Government agencies, organizations to return  property provided to  them free-of-charge by the end of 2027Government agencies, organizations to return  property provided to  them free-of-charge by the end of 2027
Only 15% of declarants in Armenia have filled out income  declarations. Deadline for filing- November 1Only 15% of declarants in Armenia have filled out income  declarations. Deadline for filing- November 1
The Regulator extends Gazprom Armenia CJSC license for natural gas  distribution The Regulator extends Gazprom Armenia CJSC license for natural gas  distribution 
Armenia, India discuss potential for direct flights between their  countriesArmenia, India discuss potential for direct flights between their  countries
Presentation of Mark Aren’s “The New Adventures of Sherlock Holmes” BookPresentation of Mark Aren’s “The New Adventures of Sherlock Holmes” Book
RA Ministry of High-Tech Industry hosts WB delegation RA Ministry of High-Tech Industry hosts WB delegation 
Mongolia`s concessions to Armenia to involve 98% of exports Mongolia`s concessions to Armenia to involve 98% of exports 
Energy cooperation with Iran discussed at RA Ministry of Territorial  Administration Energy cooperation with Iran discussed at RA Ministry of Territorial  Administration 
Armenia to allocate $7.5mln to subscribe for shares of the authorized  capital of Asian Infrastructure Investment BankArmenia to allocate $7.5mln to subscribe for shares of the authorized  capital of Asian Infrastructure Investment Bank
EIB to issue EUR 50mln loan to Armenia for socio-economic development  of Syunik EIB to issue EUR 50mln loan to Armenia for socio-economic development  of Syunik 
EIB puts forward initiative to specify some provisions of agreement  on financing of construction of Sisian- Kajaran section under  North-South program EIB puts forward initiative to specify some provisions of agreement  on financing of construction of Sisian- Kajaran section under  North-South program 
 Armenia, Iran discuss prospects of cooperation in oil and gas sector Armenia, Iran discuss prospects of cooperation in oil and gas sector
Deputy PM promises to consider  MP`s proposal to reduce sugar  consumption in ArmeniaDeputy PM promises to consider  MP`s proposal to reduce sugar  consumption in Armenia
20 million drams for Artsakh students, 10 million drams for a kindergarten for Artsakh children: IDBank20 million drams for Artsakh students, 10 million drams for a kindergarten for Artsakh children: IDBank
David Ananyan on Crossroads of Peace project David Ananyan on Crossroads of Peace project 
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Talk of the day

Armenian business between devil and deep sea - businessman 

 Wednesday, September 17 2025
Armenian business between devil and deep sea - businessman 

ArmInfo.  Co-founder, president of the Mantashyants Entrepreneurs Club Vahram Mirakyan once again addressed the topic of "tax terror" and the incompetent work of the  inspectors of the State Revenue Committee (SRC) of Armenia. He also  voiced his proposals aimed at eliminating the seizure and illegal  confiscation of property as a means of pressure on business, and  establishing fair and predictable mechanisms for resolving tax and  economic disputes. "Anyone who has ever encountered this knows how  our police and investigative services work. Or rather, how they do  not work. After a crime is reported, either nothing happens, or they  are focused on ensuring that there is no report, so that there is no  unsolved case.

Economy

PSRC rejects Electric Networks of Armenia CJSC`s administrative  complaint 

ArmInfo. During a meeting of the Public Services Regulatory Commission (PSRC)  on September 17,  several  issues related to the rejection of the  administrative complaint filed by Electric Networks of Armenia CJSC  were discussed.

MFA: Armenia highly appreciates  Netherlands` support in developing  trade opportunities and expanding access to  European market

ArmInfo.Armenia highly appreciates the Netherlands' support in developing trade  opportunities and expanding access to the European market, as stated  by RA Foreign Minister Aratat Mirzoyan  during a meeting with Dutch  Foreign Minister David van Well,  the RA MFApress service reports. 

Armenia, IMF  discuss draft sixth revision of  Memorandum of Economic  and Financial Policies 
Economy Ministry discusses  cooperation areas with German Federal  Ministry for  Environment and Nature Conservation and GIZ

Finance and banks

Play Junius, win prizes 

ArmInfo. Is making payments with the Idram Junior app already a habit? We are sure that you have also managed to play the Junius financial literacy game in the app and enrich your knowledge base. 

Ardshinbank is the Main Sponsor of the “VMF Vanadzor Half Marathon 2025”

ArmInfo.  Ardshinbank was the main sponsor of the “VMF Vanadzor Half Marathon 2025,” held on September 14 in Vanadzor. This charitable marathon was dedicated to the memory of Vahe Meliksetyan, a lecturer at the Department of Clinical Pharmacology at Yerevan State Medical University, a pharmacologist, and a scientist. Vahe Meliksetyan was killed during the 2020 Artsakh War.

Georgian finance ministry announces repayment of debt to Armenia 
Central Bank of Armenia: High uncertainty in external demand remains  due to  deterioration risks  in global economic growth prospects and  current trends in tourist flows and remittances to Armenia

Insurance

In  Armenia`s insurance market,  loss ratio for OSAGO decreased to  74% by September 2025

ArmInfo.  In the Armenian insurance market, the loss ratio for OSAGO began to decrease in 2025, amounting to 74% in January-August (compared to 79.1% the previous  year), as evidenced by data from the Bureau of Motor Insurers of  Armenia.

74.4% ratio of MTPL contracts in Armenia`s insurance market by Aug  2025

ArmInfo. In the insurance market of Armenia, the loss ratio for compulsory motor third-party liability insurance has been declining since 2025, amounting to 74.4% in  January-July (versus 79.3% a year earlier). This is evidenced by the  data of the Bureau of Motor Insurers of Armenia.

Auto Insurers` Bureau of Armenia: Starting September 1, 2025, there  will be no need to stay on a busy section of the road for a long time  when filling out the Europrotocol for an accident 
Armenian incsurance sector`s profit $5.1mln in 1st half of 2025
Energy

Energy cooperation with Iran discussed at RA Ministry of Territorial  Administration 

ArmInfo.  Deputy Minister of Territorial Administration and Infrastructure of the Republic of Armenia Armen Simonyan received a delegation led by Deputy Minister  of Oil of the Islamic Republic of Iran (IRI) Mohammad Sadeq Azimifar  and Ambassador of the IRI to Armenia Mehdi Sobhani.

ENA CJSC issues statement regarding queues for connection to   distribution network

ArmInfo. As of September 9 of this year, the total number of applications submitted by individuals and legal entities for connection to the distribution network of the  electricity supply of Electric Networks of Armenia CJSC (ENA) is  5,591. Of these, connection agreements were concluded with 3,317  applicants, while in 1,568 cases, violations of the terms of the  agreement were recorded, the company's press service reports. It is  noted that as a result of a comprehensive analysis and research  conducted on behalf of the interim manager of ENA CJSC Romanos  Petrosyan, it was established that out of the 3,317 connection  agreements concluded with applicants wishing to become new  subscribers, violations of the terms set in the agreement related to  the connection procedure were recorded in about half of the cases,  namely 1,568. Moreover, in most cases, these violations are not  related to the obligations of the applicants themselves.

Zakharova does not rule out  Armenian  Prime Minister`s   participation in  "World Atomic Week"
Electric Networks of Armenia informs about initiating  preliminary  market study for procurement of cleaning services

Technology

Brendan Hanrahan: Armenia, United States have significant potential  for bilateral cooperation in technological sphere

ArmInfo. Armenia and the United States have significant potential for bilateral cooperation in the technological sphere, as stated by Brendan Hanrahan, Senior  Official for the Bureau of European and Eurasian Affairs of the US Department of State during a meeting with Minister of High-Tech Industry Mkhitar Hayrapetyan.

High-Tech Ministry  discusses steps to turn Armenia into  regional  Web3 center

ArmInfo.  The first introductory meeting of the Armenian Web 3 - CJN Accelerator was held at the initiative of the Ministry of High-Tech Industry of Armenia,  the Lebanon International Business Association Network (L.I.B.A.N)  and the Web3 Armenia Foundation. 

Yerevan hosting international AI conference 
RA Ministry of High-Tech Industry hosts WB delegation 

Real estate

Stable sideways trend instead of  decline: CB governor on real estate  prices

ArmInfo. If there is a decline in real estate prices, it is happening very steadily and within a predictably stable sideways trend. The Chairman of the  Central Bank of Armenia announced this during a press conference on  September 16.

Real estate to be checked for debts 

ArmInfo.  The information database of the Cadastre Committee of Armenia will be made available so that information can be obtained online when making real estate  transactions. The legislative package, which provides for amendments  and additions to the Law On State Registration of Property Rights and  related laws, was discussed in the first reading at the meeting of  the NA Standing Committee on State and Legal Affairs on September 3.

Online purchase and sale of real estate to take effect in Armenia 
Foreigners` real estate transactions  increased by 4.7% in a year

Statistics

Armenia`s electric energy output shows 6.5% y/y decline

ArmInfo.  In January-July 2025, Armenia generated 5,557.6 million kWh of electricity, which is 6.5% higher than the same period last year. According to the RA  Statistical Committee, in July alone, electricity generation  increased by 23% to 862.5 million kWh.

Armenian metallurgy industry`s output down 

ArmInfo.  In January-July 2025, the metallurgical industry of Armenia reversed its annual  dynamics from 7% growth to 7% decline. According to the data of the  RA Statistical Committee, this was provoked by a decline in the  volumes of the dominant production - copper concentrate, as well as  molybdenum concentrate and ferromolybdenum.

Further decline in Armenia;s industry 

ArmInfo.  In the industrial sector of Armenia, production volumes decreased by 9.8% per annum in January-July 2025 (against 15.7% growth a year ago), amounting to 1.5  trillion drams ($3.8 billion). But in July alone, the industrial  sector demonstrated growth of 7.4% - up to 244 billion drams ($635.3  million). This is evidenced by the data of the RA Statistical  Committee.

Share of Armenia`s TOP-5 trade partners 65% of trade turnover 

ArmInfo. The TOP-5 countries in foreign trade with Armenia are Russia, China, the UAE, Iran and Germany, with a total volume for January-July 2025 of $7.4 billion  (65% of the total turnover). Of these, four have reduced their  volumes year-on-year: Russia by 52.1%, China by 12.5%, the UAE by  67.9%, Germany by 4.2%, despite the fact that a year ago the Russian  Federation, the UAE and China demonstrated significant growth, while  Germany was then in a more pronounced decline.  At the same time,  Iran managed to improve the annual dynamics, exiting a 2% decline by  6.3% growth.  Judging by the data of the Statistical Committee of the  Republic of Armenia, a significant drop in the volume of foreign  trade between the Russian Federation and the UAE with Armenia is due  to the elimination of the factor of re-export and re-import of  diamonds and gold. 

Rise in food, services prices causes 3.6% y/y inflation in Armenia 
Industrial price index weakened due to decline in industrial sector 
Armenia`s economic growth slowed to 7% in January-July 2025, with a  41.4% decline in foreign trade
Number of tourists in Armenia 2.5% down in Jan-July, 2025
Exchange rates
17.09.2025
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USD382.94-0.18
EUR453.250.90
GBP522.450.41
CAD278.380.01
JPY26.190.14
CNY53.900.05
CHF486.712.42




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