ArmInfo.

ArmInfo.

ArmInfo. During the summer passenger season of 2024 (June- September), the South Caucasus  Railways company transported almost 220,000 passengers, which is 2.8%  more than the same period last year. This is stated in the message of  SCR CJSC.

ArmInfo.Using the Idram&IDBank app has become more convenient than ever. From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app.

ArmInfo.In 2025, the Ministry of Education, Science, Culture and Sports (MOESCS) of Armenia will  receive approximately 5% more from the state treasury than was planned in the state budget for 2024, totaling around AMD 16 billion.  

ArmInfo. In 2025, Armenia plans to allocate AMD164.5 billion or 1.5% of GDP (4.7% of total  expenditure) on healthcare. This is a slight decrease from the AMD 169.9 billion and 1.6% of GDP (5.3% of total expenditure) that was allocated in 2024. In 2023, the actual expenditure on the healthcare sector was AMD141.3 billion or 1.5% of GDP (5.5% of total expenditure).  This is outlined in the message regarding the state  budget for the upcoming year.

ArmInfo.

ArmInfo.Nelly Kocharyan, the Head of the Department of Financial Institutions and International  Banking Relations of Converse Bank, highlighted the impact of  large  foreign banks exiting  Armenia on the country's banking sector.

p>ArmInfo.Ameriabank launches a new offer: all clients, who open a brokerage account online through MyInvest by December 24, will enter a draw for one investment portfolio of AMD 1,000,000 and two portfolios of AMD 500,000 each.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. According to the results of 2024, the state treasury of Armenia, will fall short of tax revenues and duties by AMD158 billion compared to the program indicator for the current year.  As a result, state budget  expenditures will be reduced by AMD 130 billion. This information was reported by the Ministry of Finance of the Republic of Armenia in response to a written request from ArmInfo. 

ArmInfo.In the first half of 2024, the total foreign investment flowing into the real sector of the Armenian economy decreased to a negative AMD 35.4 billion ($91.3 million) from a positive AMD 56.5 billion ($146.5 million) in the first half of 2023.

ArmInfo. Gevorg Papoyan, the Minister of Economy of Armenia, received Claudia Busch, the newly  appointed Ambassador of Germany to the country, along with Letizia Carnevali, the portfolio manager of the Armenian office of GIZ.  As ArmInfo was informed by the press service of the Ministry of Economy  of Armenia, Papoyan congratulated the Ambassador on taking office at the beginning of the meeting and expressed belief that her activities will enhance multi-faceted relations between Armenia and Germany.

ArmInfo.On October 4, the long-awaited award ceremony for the Social Impact Award Armenia 2024 was held at Impact Hub Yerevan. This year, the main partners of the project are IDBank and Idram, collaborating through "The Power of One Dram" initiative.

ArmInfo.On October 8, Tigran Khachatryan, the Deputy Prime Minister of Armenia, received Rolande  Pryce, the World Bank (WB) Regional Director. Caroline Geginat, WB Country Manager for Armenia, was also present at the meeting, as reported by the press service of the RA government. 

ArmInfo.The U.S. Embassy in Armenia posted the followjng message on its Facebook account: 

ArmInfo.

ArmInfo.