ArmInfo In 2025, Armenia plans to attract 2 grants from the European Union. This was announced  on October 5 at the parliamentary hearings on the draft state budget  of the country for next year by the Minister of Finance of the  Republic of Armenia Vahe Hovhannisyan.

ArmInfo. Deputy Minister of Economy of Armenia Sevak Mikaelyan received representatives of the  UAE company Masdar, which is building the Ayg-1 solar power station in Armenia. The meeting was also attended by the UAE Ambassador to Armenia Nariman Mohammed Sharif AlMulla.

ArmInfo.The next meeting of the Partnership Council for the implementation of the Comprehensive  and Enhanced Partnership Agreement between Armenia and the European  Union will be held in the first quarter of 2025. Deputy Foreign  Minister of the Republic of Armenia Paruyr Hovhannisyan announced  this at the parliamentary hearings on the draft state budget of the  Republic of Armenia for next year on November 5.

ArmInfo. The presence of the Universal Health Insurance (UHI) is one of the conditions for  completing the EU-Armenia dialogue on visa liberalization. This is for information purposes. If there is no UHI, there will be no liberalization of the visa regime with the European Union.

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ArmInfo.The Minister of Territorial Administration and Infrastructure of the Republic of Armenia Gnel Sanosyan described his recent meeting with the Minister of Transport and Infrastructure of Turkey Abdukadir Uraloglu, as  highly productive and successful.  In a conversation with journalists on November 4, Sanosyan noted that during the meeting they talked about the potential utilization of idle infrastructures, including the Kars-Gyumri railway.

ArmInfo.In 2024, the volume of natural gas supplied by Iran to Armenia is expected to significantly exceed the volumes from previous years.

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ArmInfo.

ArmInfo.

ArmInfo.Yerevan, In late September, the Mining Armenia Forum was held in Armenia, organized by the Union of Miners and Metallurgists of Armenia. The forum was attended by representatives from almost all  mining companies in the country, specialists in various fields, environmentalists, representatives from various NGOs, and foreign guests.

ArmInfo. A panel discussion titled "The Impact of Artificial Intelligence on Leadership and Decision Making" was held at AraratBank's Development Branch. The event was organized as part of the international scientific-practical conference "Transformation of Management Theory and Practice in the 21st Century," co-organized by AraratBank.

ArmInfo. Financing for the tourism sector will be reduced in 2025, as stated by Armenian Minister of Economy Gevorg Papoyan at the budget hearings in the Parliamentary committees on November 4.  Recall that in 2024, 1.5 billion drams were allocated from the state budget to the tourism sector, and 1 billion drams in 2023. Prior to that, the annual funding from state funds was approximately 200 million drams.

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ArmInfo.

ArmInfo.At a press conference on September 23, Fast Shift announced its partnership with Idram to join the open QR infrastructure. A memorandum of understanding was signed between the two companies, allowing Fast Shift users to scan Idram QR codes at over 22,500 points of sale using their applications.

ArmInfo.Compared to 2017, the state budget of Armenia in 2024 will be doubled, as stated by  Rustam Badasyan, the Chairman of the State Revenue Committee of Armenia,  on November 4 during parliamentary hearings on the draft state budget for the country in 2024.

ArmInfo.Head of the State Revenue Committee (SRC) of Armenia Rustam Badasyan does not see any  problems in ensuring the tax indicators of the state budget for 2024.

ArmInfo. One of the main areas of activity of the State Revenue Committee of Armenia in 2025  will be improving the quality of service to taxpayers and reducing the "shadow". This was stated by the head of the department Rustam Badasyan on November 4 during the discussions of the draft state  budget of the country at a meeting of the commissions of the National Assembly of the Republic of Armenia. 

ArmInfo. The Eurasian Development Bank predicts that in December of this year, the Central  Bank of Armenia will make another reduction in the refinancing rate. This is stated in the weekly macro review of the Bank, presented on November 4 on the EDB page in Telegram - channel.