CBA: Large-scale state investments will provide 7% GDP growth in  Armenia in 2022 
 Monday, October 25 2021,

ArmInfo. According to the Central Bank, the state budget program for 2022 is quite saturated, and in comparison with the medium-term government spending program,  it provides for strengthening capacity and accelerating economic  growth. Deputy Governor at Central Bank of Armenia  Nerses Yeritsyan  stated during the discussion of the draft budget for 2022 in the  Parliament of the Republic of Armenia,.

Armenia to more than double budget assistance to Artsakh in 2022
 Monday, October 25 2021,

ArmInfo. In 2022, Armenia will more than double the size of the interstate loan provided to the Republic of Artsakh on favorable terms. This is stated in the draft  law "On the state budget of the RA for 2022", which today was  presented for discussion of the joint commissions of the parliament  of the republic.

Ministry of Finance: Armenia will return to permissible limits of  government debt allowed by law by 2026
 Monday, October 25 2021,

ArmInfo. In 2022, Armenia's public debt will increase by 482 billion drams and reach 4 trillion 991 billion drams (63.4% of GDP), from 4 trillion 509 billion drams  or 64.1% of GDP expected by the end of 2021. Armenia's Minister of  Finance Tigran Khachatryan stated this in the parliament on October  25, presenting the draft budget for next year.

Armenia`s economic activity increased by 4.4% per annum for 9 months  of 2021
 Monday, October 25 2021,

ArmInfo.In Armenia, economic activity in January-September 2021 showed an increase of 4.4% (against a decline of 6.6% a year earlier), while in the  pre-COVID period an increase of 7.1% was registered (in the same  period of 2019). This is evidenced by the preliminary data of the RA  Statistical Committee.

Science funding to increase by 83% in 2022: Draft state budget of  Armenia
 Monday, October 25 2021,

ArmInfo.The allocations to education, science, culture and sports will amount to 223.3 billion drams in 2022, or 27.4% more than the target for 2021. Prime Minister  of Armenia Nikol Pashinyan stated this on October 25 in parliament  presenting the draft law "On the state budget of the Republic of  Armenia for 2022".

Armenia will allocate 32% more for infrastructure development in  2022: Pashinyan
 Monday, October 25 2021,

ArmInfo.Armenian Prime Minister Nikol Pashinyan believes that unblocking the economic and transport infrastructure of the region can qualitatively change the content and structure of the RA economy. He stated this in the parliament on  October 25, presenting the draft law "On the state budget of the  Republic of Armenia for 2022".

Armenia`s defense budget to grow by 11% in 2022: Premier
 Monday, October 25 2021,

ArmInfo. In 2022, Armenia's defense budget will grow by 11%.  Prime Minister of Armenia Nikol Pashinyan stated this on October 25 in parliament presenting the  draft law "On the state budget of the Republic of Armenia for 2022".

Pashinyan hopes for successful implementation of number of large  investment projects in  field of metallurgy
 Monday, October 25 2021,

ArmInfo. Armenia claims to become a country with a strong metallurgical and metalworking industry. Prime Minister of Armenia Nikol Pashinyan stated this on  October 25 in parliament presenting the draft law "On the state  budget of the Republic of Armenia for 2022".

Martin Galstyan: Armenia can become a home for numerous innovations
 Saturday, October 23 2021,

ArmInfo. With a talented human resource, an open culture and a powerful Diaspora, Armenia can become a home for numerous innovations. A similar opinion was expressed by the Chairman of the Central Bank of Armenia Martin Galstyan during his speech at the 3rd " Summit of Minds".  "Armenia is the ideal place where solutions aimed at transformations can be identified and implemented," he stressed.

 Saturday, October 23 2021,

ArmInfo.

Armenia and San Marino discuss opportunities for cooperation in the field of High Technologies
 Saturday, October 23 2021,

ArmInfo. Armenia and San Marino discussed the possibilities of cooperation in the field of high technologies. This became known following the meeting of the Minister of High-Tech Industry of Armenia Vahagn Khachtaryan and the Minister for Industry, Handicraft and Trade Fabio Righi, which took place in Italy.

Volume of dollar transactions decreased by 65.3% on the foreign exchange interbank market for October 18-22
 Saturday, October 23 2021,

ArmInfo. From October 18 to October 22, 2021, the volume of dollar transactions in the foreign exchange interbank of Armenia decreased by 65.3%, after a 4-fold rise in the previous week (from October 11 to 15). At the same time, on the intra-bank foreign exchange market during this period, the trend of dollar transactions turned towards a decline, the upward dynamics of euro transactions changed to multidirectional ones, and in ruble transactions, the preservation of the downtrend in sales was accompanied by a decline in purchases. The exchange currency platform has been idle for the fourth year already.

 Friday, October 22 2021,

ArmInfo.

Hakob Arshakyan: By 2025, Armenia`s engineering turnover will reach 500 billion drams, and the staff- 35 thousand people
 Friday, October 22 2021,

ArmInfo. One of the most significant and annual events in the field of engineering- "Engineering Week" has started in Armenia, which is dedicated to the development of applied engineering and scientific-production solutions in the country.

Deputy Minister of Economy of Armenia was sent to Moscow on October 24-26
 Friday, October 22 2021,

ArmInfo. Deputy Minister of  Economy of Armenia Arman Khojoyan, who oversees the state policy in  the field of agriculture of the republic, will visit the capital of  the Russian Federation on October 24-26.

 Friday, October 22 2021,

ArmInfo.

 Thursday, October 21 2021,

ArmInfo.

Armenia simplifies licensing process for foreign companies for a  number of areas of activity
 Thursday, October 21 2021,

ArmInfo.The Armenian government is simplifying the licensing process in a number of areas of activity. Corresponding amendments to the RA law "on licensing" were  approved on October 21 at a government session.

Copper smelter may be launched in Armenia in two to three years
 Thursday, October 21 2021,

ArmInfo.Armenia, together with the main shareholder of GeoProMining, Roman Trotsenko, is working on a roadmap that will determine the actions of the parties to launch a copper smelter within two to three years. Other mining companies of  the RA have also become interested in the project. Minister of  Economy of the Republic of Armenia Vahan Kerobyan announced this to  an interview with journalists on October 21.  

Iranian industrial park to be established in Armenia
 Thursday, October 21 2021,

ArmInfo.Iran is interested in cooperation with Armenia in the field of transport,  infrastructure, agriculture and high technologies. President of  Iran-Armenia Chamber of Commerce  Hervik Yarijanian stated this  during a meeting with Minister of Economy of Armenia Vahan Kerobyan.

Exchange rates
25.06.2026
RUB4.87-0.05
USD368.260.33
EUR417.750.52
GBP484.890.84
CAD258.56-0.09
JPY22.75-0.01
CNY54.150.13
CHF453.130.35