Monday, August 4 2025 16:18
Alina Hovhannisyan

Armenia`s Minister of Economy clarifies costs for organizing Jennifer  Lopez concert  

Armenia`s Minister of Economy clarifies costs for organizing Jennifer  Lopez concert  

ArmInfo.  The concert of Jennifer Lopez in Yerevan contributed $13.3 million to  the state budget of Armenia, with  the state allocating $6 million for the  event's organization. Gevorg Papoyan, the Minister of Economy of  Armenia,  shared this information  on his Facebook page,  referring  to the results of the study by the Italian-Armenian consortium on the  spending of tourists in  Armenia.

According to this study conducted in 2024, as the minister noted,  tourists  who purchase tour packages spend an average of $888 during  their visit to our country. Citing data from the organizers of  Jennifer Lopez's concert, he noted that the event attracted 15,000  tourists to the country. ,  he wrote.