ArmInfo. There are closed and difficult to pass roads in Armenia as reported by the Rescue Service of the Ministry of Internal Affairs of Armenia.

ArmInfo. Deputy Minister of  Economy of Armenia Edgar Zakaryan met with Dehghan Dehnavi, Deputy Minister of Industry, Mining and Trade of Iran and Head of the Trade Promotion Organization.  The meeting took place as part of Zakaryan's working visit to Iran to participate in the third international  exhibition "Eurasia".

ArmInfo. February 17-21, 2025, in Armenia's interbank foreign exchange market daily USD and two RUB transactions were effected, with no EUR transactions effected.  However, despite the rare appearance of ruble transactions during the week, their total volume was only slightly lower than dollar transactions. USD transactions showed a  decline from 46% to 26%,  while the RUB transactions showed a growth from 64% to 67%. The total  amount of USD transactions over RUB transactions narrowed even more  from 3 to 1.2 times.

ArmInfo.Due to an impact from an earthmoving machine, a medium-pressure underground gas pipeline  was damaged, as reported by the press service of Gazprom Armenia.

ArmInfo. In the next 3-4 years, the Armenian Stock Exchange (AMX) is expected to reach a level  comparable with European exchanges, and within 5-10 years, it will be on par  with the American markets.

ArmInfo.The Eurasian Development Bank (EDB) is ready to consider requests from the private  sector and provide technical assistance to establish a fully functional public-private partnership (PPP) market in Armenia for the sustainable development of the country.

ArmInfo. The Made by Armenians 2025 exhibition has opened in the city of Ras Al Khaimah,  United Arab Emirates (UAE), which will include business meetings and cultural events.

ArmInfo. The process of digital product labeling is being introduced in Armenia in stages,  starting in 2023. Tobacco products, alcoholic beverages, and packaged drinking water are already labeled with identification marks.

ArmInfo. Domestic manufacturers and companies from the Eurasian Economic Union countries will receive absolute priority if foreign companies return to the Russian market. This was stated on the Russian government page in Telegram channel by the First Deputy Prime Minister of the Russian  Federation Denis Manturov.

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ArmInfo. A  government meeting, chaired by Prime Minister Nikol Pashinyan, was held to discuss the  possible outcomes of measures aimed at promoting cashless payments and alternative mechanisms.

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ArmInfo. In 2024, Armenia's GDP growth rate slowed down to 5.9% (from 8.3% in 2023 and 12.6% in  2022). The absolute value of Armenia's GDP in 2024 exceeded 10.127 trillion drams ($25.8 billion). The GDP deflator index also decreased to 101.1% in 2024,  down from 102.7% in 2023 and 108% in 2022). This is evidenced by data from the RA Statistical Committee published on February 20. 

ArmInfo.For the tenth consecutive year, Ameriabank has been named the Best Investment Bank in Armenia by Global Finance magazine. The magazine’s editorial team, together with industry experts, evaluated and selected winners based on various criteria, including bank applications, market share, number and size of deals, service quality, responsiveness to market conditions, innovation, pricing, after-market performance of underwritings, and market reputation.

ArmInfo.IDBank introduces a new card for businesses, enhancing their opportunities and making payments more profitable and convenient. The Visa Signature Business card is the bank’s latest product designed to provide numerous payment options for businesses both in Armenia and while traveling worldwide.

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ArmInfo. From 2018 to 2024 inclusive, the government invested 113 billion 722 million drams  (about $280 million) in communities through subvention programs. This was stated by Prime Minister Nikol Pashinyan at a cabinet meeting on February 20.

ArmInfo.In January 2025, the consolidated budget of the Republic of Armenia received 232.8 billion  drams in tax revenues and state duties, which is 55.2 billion drams or 31.1% more than in the same period last year.

ArmInfo. The program of participatory budgeting at the community level of Armenia will be expanded. A resolution on this was adopted on February 20 at a government meeting.