Monday, April 21 2025,
ArmInfo. AraratBank became the main sponsor of the STEM Expo 2025 scientific event. Embracing science, technology, engineering and mathematics (STEM), the event places focus on the core pillars of the development of the younger generation.
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Monday, April 21 2025,
ArmInfo. The Chair of the Tourism Committee of Armenia Lusine Gevorgyan, held a meeting with Mark Levy, General Directoe of Alsace Destination Tourisme and representative of Tourisme Sans Frontieres. As reported by the press service of the Committee, the meeting focused on opportunities for collaboration and support in tourism development. Both sides discussed ways to introduce innovation and provide assistance to Armenia's growing tourism sector.
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Monday, April 21 2025,
ArmInfo. About 35 thousand citizens have filed annual declarations on personal income received in 2024, which is a small percentage. This was stated by the deputy chairman of the standing committee on economic issues of the parliament, member of the ruling faction Babken Tunyan from the rostrum of the parliament on April 21.
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Monday, April 21 2025,
ArmInfo. The continued lending activity in the first quarter of 2025 has enabled Armenian banks to increase profits at double-digit rates. Thus, the growth in the loan portfolio by 28% per annum, reaching 6.5 trillion ($16.7 billion) has contributed to a 21% annual increase in the total net profit of banks, amounting to 100.6 billion drams ($256.9 million). This is evidenced by data from the Express Ranking of Armenian Banks as of 31.03.2025, prepared by ArmInfo Investment Company.
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Monday, April 21 2025,
ArmInfo. The ruling Civil Contract faction of the National Assembly of the Republic of Armenia proposes to postpone the deadline for filing declarations for individuals. Amendments to the Tax Code of the country are being discussed at an extraordinary session of the parliament on April 21.
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Monday, April 21 2025,
ArmInfo. The merger between “Ardshinbank” CJSC and “Ardshininvestbank” CJSC has successfully completed.
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Saturday, April 19 2025,
ArmInfo. Prime Minister Nikol Pashinyan and President of the Republic of Armenia Vahagn Khachaturyan took part in a business seminar in Dilijan on the topic of "Improving Armenia's economic competitiveness through improving policy and administration".
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Saturday, April 19 2025,
ArmInfo. From April 14 to 18, 2025, there were four dollar transactions and an equal number of ruble transactions in the Armenian interbank foreign exchange market. However, there were no euro transactions during this period. As a result, the weekly trend for dollar transactions shifted from a 13% growth to an 8% decline, while ruble transactions which had the same volume as the previous week, increased by over 2 times. This led to a decrease in the dominance of dollar transactions over ruble transactions from 2.8 to 1.2 times in terms of total volume.
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Friday, April 18 2025,
ArmInfo. You’ve already picked your summer travel destination, got your tickets, and even secured your visa—seems like the only thing left is packing. But what if you need a new suitcase? As always, IDBank and Idram are here for travel lovers with exciting surprises and offers.
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Friday, April 18 2025,
ArmInfo. In the first quarter of 2025, Armenia's public debt in dollar terms rose by approximately $739 million, increasing from $12. 842.2 billion at the end of 2024 to $13. 581.1 billion. In dram equivalent, the amount went up from 5. 092.7 trillion to 5. 318.2 trillion drams.
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Friday, April 18 2025,
ArmInfo. The opposition faction "Armenia" of the National Assembly of the Republic of Armenia has proposed a draft amendment to the Tax Code, according to which it is envisaged to suspend the process of increasing the property tax.
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Friday, April 18 2025,
ArmInfo. The Armenian National Interests Fund (ANIF) has embezzled budget funds, which is a serious crime against taxpayers. This was stated by the head of the Transparency International anti-corruption center Varuzhan Oktanyan during a discussion organized by the Public Journalism Club.
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Friday, April 18 2025,
ArmInfo.The World Bank is launching a $100 million Tourism and Regional Infrastructure Improvement Project (TRIP) in Armenia. The project will create job opportunities, attract private investment, and benefit local
communities and visitors in seven prioritized areas across the
country (Areni, Gyumri, Goris, Dilijan, Dvin, Jermuk, and Yeghegis).
As noted in the WB statement, the World Bank Group's Board of
Executive Directors approved the project on April 17, 2025.
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Friday, April 18 2025,
ArmInfo. As part of its customer-oriented policy, the South Caucasus Railways company is carrying out a number of activities to improve passenger service.
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Friday, April 18 2025,
ArmInfo. The International Bank for Reconstruction and Development (IBRD) will provide Armenia with a loan of 102 million euros to improve the quality of medical services. The National Assembly of the Republic of Armenia will discuss the draft agreement with the Bank submitted by the government for ratification at a plenary session on April 18.
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Friday, April 18 2025,
ArmInfo. The function of control over the execution of the state budget of Armenia by the Ministry of Finance of the Republic of Armenia will be assigned to the State Control Service of the Republic of Armenia under the Prime Minister.
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Friday, April 18 2025,
ArmInfo. From 2019 to 2024, 10,779 lawsuits were filed against the State Revenue Committee (SRC) of the Republic of Armenia. Only 1,257 court decisions were made in favor of the SRC, 7,163 against, the rest are under investigation. It turns out that the SRC loses about 80% of court cases. Meanwhile, business and the economy suffer, and the country's reputation is irreparably damaged. This point of view was expressed on a social network by the co-founder and head of the Union of Entrepreneurs Vahram Mirakyan,
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