Monday, May 5 2025,
ArmInfo. The Main Department for Investigation of Economic Crimes and Smuggling of the Investigative Committee of the Republic of Armenia continues the investigation of the criminal case initiated against the owners of a number of gas stations V.K. and N.G., as well as a group of individuals for non-payment of taxes on an especially large scale. |
Saturday, May 3 2025,
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Dollar transactions resumed in Armenian interbank foreign exchange market from April 28- May 2, 2025
Saturday, May 3 2025,
ArmInfo. Dollar transactions resumed on the Armenian interbank foreign exchange market from April 28 to May 2, 2025 (after a week long absence), while ruble transactions continued to decline. Euro transactions have not been carried out for nearly two months. The downward weekly trend of ruble transactions slowed from 55% to 22.2%. As a result, the total weekly volume of dollar transactions began to exceed ruble transactions by 2 times. In parallel with this, in the intra-bank foreign exchange market for the reporting week (28.04-02.05.25 compared to 21-25.04.25) the purchase of dollars continued to decline, while sales saw an increase. In euro transactions purchases began to grow while sales growth slowed down, and in ruble transactions purchases and sales were in decline. As a result, from April 28 to May 2 , 2025, the dram slightly weakened against the dollar - from AMD 389.3 to AMD 389.5/$1, while remaining stable against the euro at AMD 441 /1 EUR, and the ruble at AMD 4.64 /1RUB. |
Friday, May 2 2025,
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Friday, May 2 2025,
ArmInfo.Such an end was predictable, according to Tigran Jrbashyan, the head of America Management Advisory. He was referring to the Ministry of Economy of Armenia's announcement that the < Highly Qualified Specialists Engagement Program > has been frozen, and the department is currently reviewing the amounts paid under this program in recent years. |
Friday, May 2 2025,
ArmInfo. Entrepreneurs from Lyon are interested in investing in the real sector of Armenia, as well as in establishing mutually beneficial cooperation. This was reported by the press service of the Ministry of Economy, citing the results of the meeting of Minister of Economy Gevorg Papoyan with a delegation of Lyon entrepreneurs. |
Friday, May 2 2025,
ArmInfo. For the first 3 months of 2025, Armenia has spent almost 50 billion drams more than it did for the same period last year. This information is detailed in the RA Ministry of Finance's bulletin on the execution of the state budget for January-March of this year. According to the information, during the reporting period, the revenues of the state budget of the Republic of Armenia amounted to 597.4 billion drams, ensuring 102.1% execution of the indicator projected by the revised program for the first quarter. Compared to the same period last year, the revenues of the state budget increased by 13.8% or about 72.4 billion drams. |
Friday, May 2 2025,
ArmInfo. The Ministry of Finance of Armenia has introduced a new draft law , which includes a provision that loans issued under government guarantees will not be considered as part of the government debt. Vahe Hovhannisyan, the head of the department, made this announcement during a press conference in response to a question from Arminfo. to reflect globally recognized definitions,> he noted. |
Friday, May 2 2025,
ArmInfo. By the end of 2025, Armenia is projected to reach the budgeted GDP growth rate of 5.1%. The launch of the Amulsar gold mine this year may also have a positive impact on this key indicator. Armenian Finance Minister Vahe Hovhannisyan made this statement during a press conference, in response to a question from ArmInfo about the feasibility of the financial authorities' economic growth predictions given the downward revisions in global economic growth forecasts. |
Friday, May 2 2025,
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Friday, May 2 2025,
ArmInfo. Minister of Territorial Administration and Infrastructure of Armenia David Khudatyan received a delegation led by Mr Young Tae Kim, Secretary-General of the International Transport Forum (ITF), and Mr Justas Rasomavicius, Manager of the Road Transport Group, ITF. This was reported by the press service of the Ministry of Territorial Administration and Infrastructure. |
Friday, May 2 2025,
ArmInfo. Armenia and Sweden have reached an agreement on expanding innovative, technological and investment cooperation, as well as long-term mutually beneficial cooperation. This was reported by the Ministry of High-Tech Industry, citing the results of the visit of Deputy Minister Ruben Simonyan to Sweden to participate in the Business Seminar on Armenia event. |
Friday, May 2 2025,
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Friday, May 2 2025,
ArmInfo. Gross international reserves (GIR) of Armenia increased by 19% per annum or $408.1 million by April 2025 (against a decline of 13.3% a year ago), reaching $3.926 billion, approaching a record $4.220 billion in August 2023. In the first quarter of this year alone, GIR increased by 7% or $242 million (against a decline of 8.3% in the first quarter of 2024), and in monthly terms, growth has been observed since February, with an acceleration in pace to a double-digit 16.5% (or $555 million) in March. This is evidenced by the data of the Central Bank of Armenia. |
Wednesday, April 30 2025,
ArmInfo.Under the main sponsorship of AraratBank, on May 5 at 7:30 PM, an unprecedented concert by the "Artsakh" Chamber Orchestra will take place at the Aram Khachaturian Concert Hall, featuring internationally recognized Armenian musicians. The artistic director and conductor of the orchestra is Narek Hakhnazaryan, and the soloist is world-renowned violinist Sergey Khachatryan. |
Wednesday, April 30 2025,
ArmInfo.Armenia intends to establish an Institute of Agricultural Consultants. This goal is being pursued by the French Development Agency's IADAAM (Irrigated Agriculture Development in Ararat and Armavir Regions) program, funded by the EU, which was launched in July 2024. This was stated by the program's director Karen Harutyunyan during an event dedicated to the completion of the educational component of the program. |
Wednesday, April 30 2025,
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Wednesday, April 30 2025,
ArmInfo. Deputy Minister of Territorial Administration and Infrastructure of Armenia Vardan Kostanyan held meetings with representatives of the World Bank Narine Tadevosyan, Irina Tevosyan and Vahan Danielyan to summarize the results of the "Social Investments and Local Development" program, which is nearing completion. |