ArmInfo NewsFeed
Idram is now available in Yerevan CityIdram is now available in Yerevan City
Smart identification systems  installed at Zvartnots AirportSmart identification systems  installed at Zvartnots Airport
Armenia, Germany starting financial collaborationArmenia, Germany starting financial collaboration
8814 Armenian citizens received <social loans> worth 816 million  drams - Pashinyan8814 Armenian citizens received worth 816 million  drams - Pashinyan
Dmitry Volvach:  Agricultural product trade between Russia and  Armenia grew by 16.2% in 2024Dmitry Volvach:  Agricultural product trade between Russia and  Armenia grew by 16.2% in 2024
Armenia`s gross international reserves $3.372bln Armenia`s gross international reserves $3.372bln 
Armenia`s Tourism Committee, Air Arabia agree on close cooperation Armenia`s Tourism Committee, Air Arabia agree on close cooperation 
`We are on the best way`- ZCMC`We are on the best way`- ZCMC
Yerevan hosting Yerevan hosting "Caucasus: Construction and Repair EXPO 2025"  exhibition
USD transactions up, RUB ones down in Armenia`s interbank foreign  exchange market Mar 24 to 28, 2025USD transactions up, RUB ones down in Armenia`s interbank foreign  exchange market Mar 24 to 28, 2025
GIZ representatives discuss a five-year tourism development strategy in ArmeniaGIZ representatives discuss a five-year tourism development strategy in Armenia
Armenia, UAE  exploring potential for cooperation in medical and ski  tourism industriesArmenia, UAE  exploring potential for cooperation in medical and ski  tourism industries
Unlocking opportunities for Armenian agribusiness in  EU and Swedish  food markets: launch of initiative announcedUnlocking opportunities for Armenian agribusiness in  EU and Swedish  food markets: launch of initiative announced
Armenia`s government to act as reinsurer of agricultural risks Armenia`s government to act as reinsurer of agricultural risks 
Order of cadastral evaluation of municipal lands discussed in Armenia Order of cadastral evaluation of municipal lands discussed in Armenia 
Starlink officially in Armenia Starlink officially in Armenia 
Luys Foundation: Armenia`s economic growth rate slowing down rapidlyLuys Foundation: Armenia`s economic growth rate slowing down rapidly
Moscow: Armenia`s membership in  EU and EAEU are mutually  unacceptableMoscow: Armenia`s membership in  EU and EAEU are mutually  unacceptable
Armenia cannot `occupy two chairs` - Alexei OverchukArmenia cannot `occupy two chairs` - Alexei Overchuk
Jazeera Airways launches Al Kuwait-Yerevan-Al Kuwait flightJazeera Airways launches Al Kuwait-Yerevan-Al Kuwait flight
Armenia`s government allocates AMD 2.1bln as co-funding of 23  subvention programmes Armenia`s government allocates AMD 2.1bln as co-funding of 23  subvention programmes 
Due to  foot-and-mouth disease threat,  Armenia  banned  meat imports from GermanyDue to  foot-and-mouth disease threat,  Armenia  banned  meat imports from Germany
Economist: Armenian Eurobonds covering current expenses cannot be  called <successful>Economist: Armenian Eurobonds covering current expenses cannot be  called
Armenia, Hong Kong to cooperate on matters concerning the prevention  of double taxationArmenia, Hong Kong to cooperate on matters concerning the prevention  of double taxation
Armenia`s authorities against their own targets - opposition MPArmenia`s authorities against their own targets - opposition MP
Armenia`s ministry of high-tech industry, Quantori company to deepen  cooperation Armenia`s ministry of high-tech industry, Quantori company to deepen  cooperation 
S&P Global Ratings: Private sector debt burden in Armenia will  continue to growS&P Global Ratings: Private sector debt burden in Armenia will continue to grow
Mirzoyan: Armenia to increase bilateral trade turnover with Iran to  $3 billionMirzoyan: Armenia to increase bilateral trade turnover with Iran to $3 billion
Digital attache:  Armenian companies increasingly adopting  Russian  digital solutionsDigital attache:  Armenian companies increasingly adopting  Russian  digital solutions
Third Russian-Armenian construction forum to take place in YerevanThird Russian-Armenian construction forum to take place in Yerevan
In Armenia, industrial sector declining while industrial price index  risingIn Armenia, industrial sector declining while industrial price index  rising
Economic growth in Armenia slowed due to a decline in the industrial  sector and foreign tradeEconomic growth in Armenia slowed due to a decline in the industrial  sector and foreign trade
Armenian NA discussing amendments to Law on State Pensions Armenian NA discussing amendments to Law on State Pensions 
Armenia, China establishing cooperation in tourism industry Armenia, China establishing cooperation in tourism industry 
Security of property be in effect for Karabakh businessmen working in  Armenia - CBA Security of property be in effect for Karabakh businessmen working in  Armenia - CBA 
AraratBank: The Only Victory is the Smile of a Recovered ChildAraratBank: The Only Victory is the Smile of a Recovered Child
SRC: Revision of rules for appealing fines does not apply to administrative acts issued by  RA State Revenue CommitteeSRC: Revision of rules for appealing fines does not apply to administrative acts issued by  RA State Revenue Committee
Armenia`s State Revenue Committee  sees great tax potential in  construction sector in 2025Armenia`s State Revenue Committee  sees great tax potential in  construction sector in 2025
Shirak Avia airline launches Krasnoyarsk-Yerevan-Krasnoyarsk flight Shirak Avia airline launches Krasnoyarsk-Yerevan-Krasnoyarsk flight 
Armenia`s Tourism Committee, St. Petersburg Convention and Exhibition  Bureau interested in cooperation Armenia`s Tourism Committee, St. Petersburg Convention and Exhibition  Bureau interested in cooperation 
Armenian CB proposes forfeiting AMD printing of status of state secret Armenian CB proposes forfeiting AMD printing of status of state secret 
USD, RUB transactions decreased in Armenia`s interbank foreign  exchange market, March 17 -21, 2025USD, RUB transactions decreased in Armenia`s interbank foreign  exchange market, March 17 -21, 2025
IDBank new branch is in the City of ArtashatIDBank new branch is in the City of Artashat
Armenia expecting clarifications from Russian partners on  rebroadcasting  agreement - MinisterArmenia expecting clarifications from Russian partners on  rebroadcasting  agreement - Minister
Ameriabank and CJSC Dinno present joint PayLink platform for businessesAmeriabank and CJSC Dinno present joint PayLink platform for businesses
Armenia, Russia  aim to boost their mutual agricultural trade volumeArmenia, Russia  aim to boost their mutual agricultural trade volume
Upper Lars checkpoint closed for transport Upper Lars checkpoint closed for transport 
EAEU GDP growth exceeds world average - minister EAEU GDP growth exceeds world average - minister 
Armenia, Russia interested in boosting mutual tourist flowsArmenia, Russia interested in boosting mutual tourist flows
Russia`s  Economy Minister announces  Armenia`s Strategic Development  Center`s new projectsRussia`s Economy Minister announces Armenia`s Strategic Development Center`s new projects
New campaign from IDBank on the occasion of Client’s DayNew campaign from IDBank on the occasion of Client’s Day
Armenia`s agricultural exports 8.3% up Armenia`s agricultural exports 8.3% up 
Armenia`s government to support domestic metallurgic companies Armenia`s government to support domestic metallurgic companies 
Team Telecom Armenia and Ericsson sign a MoU regarding strategic cooperationTeam Telecom Armenia and Ericsson sign a MoU regarding strategic cooperation
Opportunities for constructing power storage stations in Armenia discussed in BerlinOpportunities for constructing power storage stations in Armenia discussed in Berlin
Armenia fulfilled its obligations required for removal from  EU aviation Armenia fulfilled its obligations required for removal from  EU aviation "black list"
RA Government discussed  fiscal policy for 2026-2027RA Government discussed  fiscal policy for 2026-2027
ADB to support Yerevan Municipality in implementing new projectsADB to support Yerevan Municipality in implementing new projects
Armenia has 3.4 million microprocessing cards with  NFC chips,  accounting for 79% of the totalArmenia has 3.4 million microprocessing cards with  NFC chips,  accounting for 79% of the total
In 2024, salary fund in Armenia increased by 12% per annumIn 2024, salary fund in Armenia increased by 12% per annum
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 Currency Market

 Indicators


Talk of the day

`We are on the best way`- ZCMC

 Saturday, March 29 2025
`We are on the best way`- ZCMC

ArmInfo. The largest Zangezur Copper and Molybdenum Combine (ZCMC) min Armenia intends to implement a water recycling system at the Artsvanik tailings dump, which  provides for a closed cycle of water use. Deputy Director of ZCMC for  Sustainable Development Taron Navasardyan shared such plans with  journalists during a press tour organized by the Club of Economic  Journalists.

Economy

Armenia, Germany starting financial collaboration

ArmInfo. Armenia and Germany have signed a financial cooperation agreement  between their respective governments. As reported by the press service of the  Ministry of Economy, the agreement was signed by the head of the  economic department, Gevorg Papoyan, on behalf of  Armenia, and  German Ambassador to Armenia Claudia Busch, on behalf of Germany. 

8814 Armenian citizens received worth 816 million  drams - Pashinyan

ArmInfo. Since January 1, 2025, 8814 Armenian citizens who submitted income tax returns have received  totaling 816 million drams,  as reported by Armenian  Prime Minister Nikol Pashinyan  on social media.   he wrote.  

Dmitry Volvach:  Agricultural product trade between Russia and  Armenia grew by 16.2% in 2024
Armenia`s gross international reserves $3.372bln 

Finance and banks

Idram is now available in Yerevan City

ArmInfo.We’re sure you’ve been waiting for this news. We know—we were also excited, so we won’t keep you waiting any longer. Payments via Idram are now available in the Yerevan City supermarket chain!

USD transactions up, RUB ones down in Armenia`s interbank foreign  exchange market Mar 24 to 28, 2025

ArmInfo. March 24 to 28, 2025, in Armenia's interbank foreign exchange market, USD and three RUB transactions were effected, with no EUR transactions effected. USD  transactions showed a 31% growth against a 21% decline the previous  week. RUB transactions showed a 30.3% decline against a 3% decline  the previous week. The total amount of USD transactions exceeded that  of RUB transactions 2.5-fold against 1.3-fold. 

Security of property be in effect for Karabakh businessmen working in  Armenia - CBA 
AraratBank: The Only Victory is the Smile of a Recovered Child

Insurance

Armenia government to support agricultural insurance program

ArmInfo. The Armenian government, as part of  the agricultural insurance program, is ready to reimburse insurance payments for the 2025 agricultural year and offer agricultural entrepreneurs a subsidy  of up to 80% (inclusive) of the insurance premium specified in the insurance contract. The Ministry of Economy's  initiative was approved on March 13 during a meeting of the Cabinet of Ministers.

Armenia`s ministry of health establishing State Health Insurance Fund

ArmInfo. The Ministry of Health of Armenia proposes to disband the State Health Agency and establish a State Health Fund. The draft resolution of the Government of the  Republic of Armenia has been posted on the  unified portal of legal acts. It should be noted that according to  the Concept on the introduction of General Health Insurance (GHI),  the collection of funds for GHI, determination of the amount of  contributions and expenses will be carried out by this Fund, the  chairman of the board of which will be the Minister of Health of the  Republic of Armenia.

MTPL contracts show 81.8% loss ratio in 2024 
Loss ratio under MPTL insurance contracts showing continued upward  trend in Armenian insurance market
Energy

Armenia`s minister of territorial administration takes part in 11th  Berlin Energy Transition Dialogue

ArmInfo. Minister of  Territorial Administration and Infrastructure of the Republic of  Armenia David Khudatyan will participate in the 11th Berlin Energy  Transition Dialogue (BETD). The decision on sending the minister was  signed by RA Prime Minister Nikol Pashinyan.

Energy market liberalization goals almost achieved 

ArmInfo.In general, Armenia has already achieved what it was striving for within the framework of the  reform to liberalize the energy market. This was stated by the Chairman of the Public Services Regulatory Commission (PSRC) of the Republic of Armenia Mesrop Mesropyan in an interview with journalists  on March 10.

Veolia Jur launches first small hydro 
to invest $20 million in construction of oil product  processing plant in Ararat region

Technology

Smart identification systems  installed at Zvartnots Airport

ArmInfo. New identification systems are installed by the French Idemia Smart Identity at  Zvartnots Airport. This became known following the visit of the Ambassador of France to Armenia, Olivier Decottignies, to Zvartnots International Airport.

Armenia`s ministry of high-tech industry, Quantori company to deepen  cooperation 

ArmInfo. The Ministry of High-Tech Industry of Armenia intends to deepen cooperation with Quantori, a company that specializes in the development of software,  algorithms, and data processing in the fields of healthcare and  biology.

Digital attache:  Armenian companies increasingly adopting  Russian  digital solutions
Armenia expecting clarifications from Russian partners on  rebroadcasting  agreement - Minister

Real estate

Order of cadastral evaluation of municipal lands discussed in Armenia 

ArmInfo. The procedure for cadastral valuation of municipally owned lands was the subject of discussions held at the first meeting of the interdepartmental  working group established by the decision of RA Prime Minister Nikol  Pashinyan.

Armenia`s parliamentary opposition calls for refraining from further property tax rise, government rejects proposal

ArmInfo. The parliamentary opposition proposes that the Armenian authorities refrain from another increase in real estate tax by approximately 30% from January 1, 2026 for real estate with a taxable base of less than 200 million drams.

In 2024, foreigners purchased only 2.7% of real estate
Real estate prices to remain unchanged in Armenia in 2025 

Statistics

In Armenia, industrial sector declining while industrial price index  rising

ArmInfo. In Armenia, the industrial price index increased in January-February 2025 compared to the same period in 2024, rising from 100.8% to 102.2%. This increase  occurred amidst a worsening  annual trend in the industrial sector,  which shifted from a 28.9% growth to a 19.4% decline, with a total  volume of 380.5 billion drams ($959 million), as evidenced by  preliminary data from the RA Statistical Committee. 

Armenia`s agricultural exports 8.3% up 

ArmInfo. In 2024, Armenia exported 144 thousand tons of fresh vegetables and fruits, which is 11 thousand tons or 8.3% more than in 2023. This was stated in an  interview with the Public Television of Armenia by Deputy Minister of  Economy in charge of the agricultural sector Arman Khojoyan.

Ticket packets 1.2% of total number of transport tickets in Yerevan 

ArmInfo. From January 1 to March 10, 17,374,372 tickets were purchased in Yerevan within the framework of the introduced unified ticket system, of which 213,021  (only 1.2%) were package tickets developed by the capital's  municipality. This became known following the results of the working  meeting of the Yerevan City Hall on March 17.

Armenia`s economic activity increased by 7.1% in January 2025

ArmInfo. Economic activity in Armenia has increased by 7.1% in January 2025 compared to January  2024 (down from 10.7% growth the previous year), with growth in all areas except the industrial sector.

In 2024, Armenia`s population increased, however, the entry-exit  balance remained negative
Birth rate in Armenia decreased by 8% in 2024
By 2025, Armenia`s population exceeded 3 million people
Armenia`s trade sector generated $16.2 billion in revenue in 2024.
Exchange rates
31.03.2025
RUB4.62-0.05
USD391.57-0.02
EUR423.722.02
GBP506.650.09
CAD272.78-0.49
JPY26.220.24
CNY53.980.07
CHF444.310.78




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