Tuesday, June 10 2025,
ArmInfo. Prime Minister Nikol
Pashinyan received participants of the IGorts program, which aims to
attract Diaspora specialists to work in the state administration of
the Republic of Armenia.
|
|
|
Tuesday, June 10 2025,
ArmInfo.Economic growth in Armenia is returning to its potential, as stated by Chairman of the Central Bank of the Armenia, Martin Galstyan during a press conference on June 10 in response to a question what can be expected in Armenia's banking system and the economy, given the negative trends observed this year, particularly in foreign trade and industry.
|
Tuesday, June 10 2025,
ArmInfo. Deputy Prime Minister of Armenia Mher Grigoryan will participate in the St. Petersburg International Economic Forum (SPIEF) - 2025, an ArmInfo correspondent was told in the office of the Deputy Prime Minister. The forum is scheduled to take place from June 18 to 21, 2025 in St. Petersburg.
|
Tuesday, June 10 2025,
ArmInfo. Compared to 2018, funding for science in Armenia has increased by 280%, reaching 40.2 billion drams (as of 2024), as reported by Minister of Education, Science, Culture and Sports Zhanna Andreasyan in Parliament on June 10.
|
Tuesday, June 10 2025,
ArmInfo. Prime Minister Nikol Pashinyan chaired a meeting where conceptual issues regarding tax policy were discussed.
|
|
|
Tuesday, June 10 2025,
ArmInfo. Armenia's foreign trade with the EAEU is declining, while with the EU it is gaining momentum. Specifically, the foreign trade turnover between Armenia and the EAEU has shifted from an impressive 3-fold growth to a noticeable decline of 61.5% in annual dynamics, while between Armenia and the EU the dynamics show a growth of 4.8% (compared to a 24.3% decline a year ago). As a result, the volume of Armenia's foreign trade with the EAEU in January-April 2025 amounted to $2.3 billion, and with the EU - $729.3 million, according to data from the RA Statistical Committee. Among the EAEU countries, almost all (with the exception of the Russian Federation to a significant extent) reduced volumes, while among the EU countries, the majority preferred to increase volumes. These countries include the Netherlands, Bulgaria, France, Romania, Austria, Spain, Slovakia, Finland, Poland, Greece, Hungary. This change in annual dynamics led to a decrease in the share of the EAEU in the structure of Armenia's foreign trade from 44.8% to 36.6% (with the Russian Federation decreasing from 44.1% to 35.1%), while the EU's share increased from 5.2% to 11.6%. The top five trading partners of Armenia are Russia, China, the UAE, Iran and Germany, with foreign trade volumes for January-April 2025 amounting to $2.2 billion, $765.6 million, $729.5 million, $222.7 million and $140 million, respectively.
|
Tuesday, June 10 2025,
ArmInfo. Deputy Prime Minister Tigran Khachatryan received a delegation led by Frederik De Wilde, President of Philip Morris International for South and Southeast Asia, CIS, Middle East and Africa. The meeting was also attended by Minister of High-Tech Industry Mkhitar Hayrapetyan.
|
Tuesday, June 10 2025,
ArmInfo. Deputy Prime Minister of Armenia Mher Grigoryan discussed prospects for developing cooperation in the field of customs regulation at a meeting with Minister for Customs Cooperation of the Eurasian Economic Commission (EEC) Ruslan Davydov.
|
Tuesday, June 10 2025,
ArmInfo. The State Revenue Committee (SRC) of the Republic of Armenia has revealed a case of distortion of tax bases and, accordingly, underestimation of real volumes of activity in the Tsaghkadzor casino.
|
Tuesday, June 10 2025,
ArmInfo. The project package of the 11th metro station "Ajapnyak" received a positive conclusion of the state comprehensive examination. According to the press service of the Yerevan Municipality, this means that the following processes will follow: approval by the Government of Armenia of full financing, alienation and resettlement work from the affected area, preparation for the construction tender.
|
Tuesday, June 10 2025,
ArmInfo. In January-April 2025, the industrial sector of Armenia reduced production by 16.1% (against 26.1% growth a year ago) - to 812.3 billion drams (over $ 2.1 billion). Such dynamics were due to a double-digit decline in the manufacturing industry and the still sagging mining industry. According to the Statistical Committee, in April alone, industrial production was also in decline - by 3.9% to 212.4 billion drams ($ 543.7 million).
|
Tuesday, June 10 2025,
ArmInfo. The metallurgical industry of Armenia in January-April 2025 reduced production volumes by 23% per annum (against 24% growth a year ago). This is evidenced by the data of the Statistical Committee of the Republic of Armenia.
|
Tuesday, June 10 2025,
ArmInfo. Wine production in Armenia continues to decline. Thus, according to the RA Statistical Committee, 1.8 million liters of wine were produced in January-April 2025, which is 38.8% lower than the same period last year. At the same time, the volume of sparkling wine (champagne) decreased by 28% year-on-year to 283.1 thousand liters.
|
Tuesday, June 10 2025,
ArmInfo. In Armenia, electricity generation in January-April 2025 increased by 4.9% per annum (against a 1.8% increase a year ago), amounting to 3,333.6 million kWh. At the same time, in April alone, electricity generation decreased by 15.5% - to 708 million kWh. This is evidenced by the data of the RA Statistical Committee.
|
|
|
Monday, June 9 2025,
ArmInfo. Income tax refund within the framework of mortgage lending in Armenia is projected to peak in
2026, surpassing 100 billion drams. Following this peak, a slowdown is expected to occur, as stated by Eduard Hakobyan, Chairman of the State Revenue Committee (SRC), on June 9 during a joint meeting of
the standing parliamentary committees while discussing the annual report <On the Execution of the State Budget of the Republic of Armenia in 2024>.
|
Monday, June 9 2025,
ArmInfo.EU has updated its airspace "blacklist". Along with air carriers from Afghanistan, Tanzania, Suriname, European skies remain "closed" for Armenian airlines, AeroTime reports. According to the source, on June 3, 2025, the European Commission (EC) updated its no-fly list, banning airlines from certain countries from European airspace for safety grounds.
|
Monday, June 9 2025,
ArmInfo.An exclusive fintech startup has been launched in Armenia - the Superra application for transactions on the secondary securities market. The banking partner of the Superra application is Converse Bank, which also serves as a correspondent for brokerage accounts of securities bought and sold through Superra,
as noted in a message from Converse Bank.
|