ArmInfo NewsFeed
 EEC Council approves draft Agreement on standardized license in  banking and insurance sectors EEC Council approves draft Agreement on standardized license in  banking and insurance sectors
SRC presents results of comprehensive measures to prevent tax  violationsSRC presents results of comprehensive measures to prevent tax  violations
Economic consequences of Araratcement plant not to be limited to one  enterprise - Vahe Davtyan Economic consequences of Araratcement plant not to be limited to one  enterprise - Vahe Davtyan 
IDBank warns of scam calls impersonating pension fundsIDBank warns of scam calls impersonating pension funds
Prime Minister discusses new donation mechanism through universal  income declaration systemPrime Minister discusses new donation mechanism through universal  income declaration system
Economy Minister provides updates on duty free import quotas   electric vehicles in ArmeniaEconomy Minister provides updates on duty free import quotas   electric vehicles in Armenia
Araratcement plant to resume full operations tomorrow- Deputy Economy  MinisterAraratcement plant to resume full operations tomorrow- Deputy Economy  Minister
Deputy PM participates in EEC regular meeting Deputy PM participates in EEC regular meeting 
A little corner of France in Hrazdan, with the partnership of Converse SMEA little corner of France in Hrazdan, with the partnership of Converse SME
Electricity tariff set by Armenian NPP not to change Electricity tariff set by Armenian NPP not to change 
 IBRD to provide Armenia with $240mln loan for implementation of  housing and mortgage market development project in Armenia IBRD to provide Armenia with $240mln loan for implementation of  housing and mortgage market development project in Armenia
Armenian NPP CJSC to use budget loan to implement second lifespan  extension programArmenian NPP CJSC to use budget loan to implement second lifespan  extension program
 Armenian government to allocate AMD 3.140bln to fulfill its  obligations to exporters Armenian government to allocate AMD 3.140bln to fulfill its  obligations to exporters
Vardan Khachatryan: 12 banks have joined the ArcaPay system, and 8 banks have joined ArcaQR, with most participating in bothVardan Khachatryan: 12 banks have joined the ArcaPay system, and 8 banks have joined ArcaQR, with most participating in both
Vardan Khachatryan: First Arca-UPI co-badged cards set to launch in  Armenia within 1–2 monthsVardan Khachatryan: First Arca-UPI co-badged cards set to launch in  Armenia within 1–2 months
Armenia is interested in expanding cooperation with Turkmenistan in  the gas sector – AmbassadorArmenia is interested in expanding cooperation with Turkmenistan in  the gas sector – Ambassador
Idram is the general partner of the Idram is the general partner of the "Towards Conscious Parenting 2026" annual conference 
Vardan Khachatryan: 2026 cash-back initiative  increases  Arca Card  market share to 25% by JuneVardan Khachatryan: 2026 cash-back initiative  increases  Arca Card  market share to 25% by June
World Bank: Armenia among top ten countries with highest female  population sharesWorld Bank: Armenia among top ten countries with highest female  population shares
 RA State Revenue Committee of Armenia uncovers cases of liquid fuel  sales without proper documentation RA State Revenue Committee of Armenia uncovers cases of liquid fuel  sales without proper documentation
Iranian ambassador: Armenia has potential to become regional energy  transit hubIranian ambassador: Armenia has potential to become regional energy  transit hub
Antonio Guterres: AI development outpaces existing regulatory  mechanismsAntonio Guterres: AI development outpaces existing regulatory  mechanisms
Over 1mln tourists visited Armenia in first half of 2026Over 1mln tourists visited Armenia in first half of 2026
Viva Armenia finalizes strategic acquisition of OvioViva Armenia finalizes strategic acquisition of Ovio
EBRD AMD bonds successfully placed on Armenian Stock ExchangeEBRD AMD bonds successfully placed on Armenian Stock Exchange
Armenia, Indonesia explore opportunities for industrial cooperationArmenia, Indonesia explore opportunities for industrial cooperation
RA Economy Ministry discusses opportunities to expand presence of  Armenian products in  Persian Gulf marketsRA Economy Ministry discusses opportunities to expand presence of  Armenian products in  Persian Gulf markets
Armenia`s Prime Minister chairs meeting to discuss government`s  priority investment plan for Yerevan and GyumriArmenia`s Prime Minister chairs meeting to discuss government`s  priority investment plan for Yerevan and Gyumri
Converse Bank Completes the Placement of EBRD BondsConverse Bank Completes the Placement of EBRD Bonds
Effective July 10, individuals prohibited from exporting more than 5  kg of phytosanitary controlled goods from Armenia Effective July 10, individuals prohibited from exporting more than 5  kg of phytosanitary controlled goods from Armenia 
 Armenia launches its first specialized GreenTech Academy for startups  in renewable energy  Armenia launches its first specialized GreenTech Academy for startups  in renewable energy 
SRC Head: Small countries` competitiveness built on intelligent  digital solutions and effective risk managementSRC Head: Small countries` competitiveness built on intelligent  digital solutions and effective risk management
Economic activity accelerating in Armenia, foreign trade struggling  to end recession Economic activity accelerating in Armenia, foreign trade struggling  to end recession 
 Expert: Armenia needs large-capacity nuclear power unit Expert: Armenia needs large-capacity nuclear power unit
 Economy Minister discusses trade and economic relations with his  Russian counterpart Economy Minister discusses trade and economic relations with his  Russian counterpart
Statistics from the Central Bank of the Republic of Armenia: The level of dollarization of loans began to grow, while deposits continued to decline, but the dram component dominates in both portfolios.Statistics from the Central Bank of the Republic of Armenia: The level of dollarization of loans began to grow, while deposits continued to decline, but the dram component dominates in both portfolios.
Likhachev: Armenia will need a large or medium-capacity nuclear power  plant in the coming yearsLikhachev: Armenia will need a large or medium-capacity nuclear power  plant in the coming years
The Power of One Dram and the Armenian State Symphony Orchestra Conclude the Forest Project Launched in ShirakThe Power of One Dram and the Armenian State Symphony Orchestra Conclude the Forest Project Launched in Shirak
Armenia`s Prime Minister and other EAEU  leaders tour INNOPROM 2026  exhibitionArmenia`s Prime Minister and other EAEU  leaders tour INNOPROM 2026  exhibition
Pashinyan: Developing knowledge-intensive industries   is one of key  pillars of Armenia`s industrial policy Pashinyan: Developing knowledge-intensive industries   is one of key  pillars of Armenia`s industrial policy 
Inflation in Armenia accelerates amid rising food pricesInflation in Armenia accelerates amid rising food prices
RA government approves $650mln infrastructure package for Yerevan,  including Ajapnyak metro station construction RA government approves $650mln infrastructure package for Yerevan,  including Ajapnyak metro station construction 
Expert: Russian gas price for Armenia to depend on circumstances by  next AprilExpert: Russian gas price for Armenia to depend on circumstances by  next April
From Financial Adventures to Great Victories: The 4th Junius Financial Online Tournament Wrapped UpFrom Financial Adventures to Great Victories: The 4th Junius Financial Online Tournament Wrapped Up
Russian expert: Armenia currently has no viable alternative to  Russian energy resourcesRussian expert: Armenia currently has no viable alternative to  Russian energy resources
Remittances from European countries to Armenia increase  significantly, but Russia remains leaderRemittances from European countries to Armenia increase  significantly, but Russia remains leader
Armenia explores potential for using domestic technological and  military-industrial potential in Ministry of Internal AffairsArmenia explores potential for using domestic technological and  military-industrial potential in Ministry of Internal Affairs
Solar Energy for Syunik: Zangezur Copper Molybdenum Combine Transforms Rural CommunitiesSolar Energy for Syunik: Zangezur Copper Molybdenum Combine Transforms Rural Communities
Armenian FX market, June 29- July 3- both dollar and ruble  transactions decline Armenian FX market, June 29- July 3- both dollar and ruble  transactions decline 
ZCMC supports installation of eco-friendly and energy-efficient  technologies in   Syunik regionZCMC supports installation of eco-friendly and energy-efficient  technologies in   Syunik region
Armenia`s gross international reserves reach record high of $5.863  billion by June 2026Armenia`s gross international reserves reach record high of $5.863  billion by June 2026
SRC: As of July 1, taxpayers who have not submitted VAT declarations  allowed to get registered and begin paymentsSRC: As of July 1, taxpayers who have not submitted VAT declarations  allowed to get registered and begin payments
EBRD to Launch AMD 5 Billion Floating-Rate Bond Offering in ArmeniaEBRD to Launch AMD 5 Billion Floating-Rate Bond Offering in Armenia
RA premier announces his participation in INNOPROM 2026 exhibition to  be held in YekaterinburgRA premier announces his participation in INNOPROM 2026 exhibition to  be held in Yekaterinburg
Armenian energy expert skeptical of von der Leyen`s promises of  energy support for ArmeniaArmenian energy expert skeptical of von der Leyen`s promises of  energy support for Armenia
Charting the Course for Development: Armenian Mining and Metallurgical Association Expands Strategic PartnershipsCharting the Course for Development: Armenian Mining and Metallurgical Association Expands Strategic Partnerships
RA MTAI, Association of Mining and Metallurgy Industry of Armenia sign  memorandum of cooperation RA MTAI, Association of Mining and Metallurgy Industry of Armenia sign  memorandum of cooperation 
Armenia considering creating opportunities for qualified  organizations to participate in UN tourism programsArmenia considering creating opportunities for qualified  organizations to participate in UN tourism programs
EDB to support ZCMC`s production capacity expansion programEDB to support ZCMC`s production capacity expansion program
Iran-Armenia power line construction progress discussed in YerevanIran-Armenia power line construction progress discussed in Yerevan
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Talk of the day

Economic consequences of Araratcement plant not to be limited to one  enterprise - Vahe Davtyan 

 Friday, July 10 2026
Economic consequences of Araratcement plant not to be limited to one  enterprise - Vahe Davtyan 

ArmInfo.  The economic consequences of the state privatization of businessman Gagik Tsarukyan's Araratcement plant will clearly not be limited to the fate of one enterprise and will negatively impact the country's  investment climate, according to Vahe Davtyan, Senior Researcher at  the Caucasus Studies Sector of the Institute of Geophysical Analysis  and Surface Materials of the Russian Academy of Sciences and Doctor  of Political Sciences.

Economy

SRC presents results of comprehensive measures to prevent tax  violations

ArmInfo.  The State Revenue Committee of Armenia presented the results of comprehensive operational and investigative measures conducted by the SRC's Investigative and Operational Department from June 1 to June 30 to  prevent, suppress, and detect tax violations.

Prime Minister discusses new donation mechanism through universal  income declaration system

ArmInfo. A meeting chaired by Armenian Prime Minister Nikol Pashinyan discussed the possibility of introducing a mechanism for donating to public organizations, media outlets, and political parties through the universal income  declaration system.

Economy Minister provides updates on duty free import quotas   electric vehicles in Armenia
Araratcement plant to resume full operations tomorrow- Deputy Economy  Minister

Finance and banks

IDBank warns of scam calls impersonating pension funds

ArmInfo.    There is a growing risk of scam calls targeting the most vulnerable category of citizens -pensioners. The scheme relies on social engineering: criminals simulate calls from an official agency or companies managing pension savings, and under the pretext of an "accounting error", they attempt to gain access to the victims' money.

A little corner of France in Hrazdan, with the partnership of Converse SME

ArmInfo. A charming little corner, located in one of micro districts of Hrazdan, immediately catches visitors' attention with its distinctive atmosphere and French-inspired ambiance.

Vardan Khachatryan: 12 banks have joined the ArcaPay system, and 8 banks have joined ArcaQR, with most participating in both
Vardan Khachatryan: First Arca-UPI co-badged cards set to launch in  Armenia within 1–2 months

Insurance

Armenia`s health insurance system reaches 1.7 mln beneficiaries

ArmInfo.   As of June 30, 2026, the number of beneficiaries enrolled in Armenia's medical  insurance system has risen to 1.7 million, up from 1.5 million at the  start of the year. This update was announced today by Minister of  Health Anahit Avanesyan during a press conference.

Members of the Board of Trustees of the Universal Medical Insurance Fund and its general director have been elected.

ArmInfo. Under the chairmanship of Prime Minister Nikol Pashinyan, meetings of the selection commission were held to choose members of the Board of Trustees of the Universal Health Insurance Fund and its general director, the press service of the cabinet of ministers reports.

NGO Head: If address of competition Universal Health Insurance Fund  Board of Trustees members secret, it`s not hard to guess status of  its results
AMD 5.548bln to be allocated to subsidize insurance premiums for  employees in universal health insurance system
Statistics

World Bank: Armenia among top ten countries with highest female  population shares

ArmInfo. Armenia has entered the top ten countries with the highest female population share. This is according to World Bank data based on the age and sex distribution of  the population calculated using the World Population Prospects: 2022  Revision database of the UN Population Division.

Economic activity accelerating in Armenia, foreign trade struggling  to end recession 

ArmInfo. In Armenia, economic activity growth accelerated to 8% annually in January-May 2026 (from 5.7% in the same period of 2025). Moreover, the industrial sector,  having managed to recover from the recession to double-digit growth,  has recovered its position as one of the drivers of economic growth.  According to the final data from the Statistical Committee of the  Republic of Armenia, foreign trade is still in decline, but only  slightly, in contrast to the significant decline a year ago.

Statistics from the Central Bank of the Republic of Armenia: The level of dollarization of loans began to grow, while deposits continued to decline, but the dram component dominates in both portfolios.
Non-cash card transactions in Armenia reach 62% of total volume by  April 2026
Digest

EEC Council approves draft Agreement on standardized license in  banking and insurance sectors

ArmInfo.  By order of the Council of the Eurasian Economic Commission, the draft Agreement on a standardized license in the banking and insurance services sectors within the Eurasian Economic Union has been approved and sent to member states for the internal procedures necessary for its signing.

Antonio Guterres: AI development outpaces existing regulatory  mechanisms

ArmInfo.  Artificial intelligence is developing at a breakneck speed, outpacing existing regulatory mechanisms. This was stated by UN Secretary-General Antonio Guterres  at the official opening of the high-level Global Dialogue for AI  Governance.

The Russian Fish Union stated that the ban on fish imports from Armenia will not lead to price increases
The EDB Board approved the Bank`s Development Strategy for 2027–2031.

Energy

Armenian NPP CJSC to use budget loan to implement second lifespan  extension program

ArmInfo.  Armenian Nuclear Power Plant CJSC will be able to use a budget loan of 20.11 billion drams to implement the second lifespan extension program for its second  power unit.

Armenia is interested in expanding cooperation with Turkmenistan in  the gas sector – Ambassador

ArmInfo.  Armenia attaches great importance to opportunities for developing energy cooperation with Turkmenistan and is interested in expanding collaboration in the  gas sector. Arsen Avagyan, Armenia's Ambassador to Turkmenistan,  stated this in an interview with the online publication  Turkmenportal.

Armenia launches its first specialized GreenTech Academy for startups  in renewable energy 
Russian expert: Armenia currently has no viable alternative to  Russian energy resources

Technology

Armenia explores potential for using domestic technological and  military-industrial potential in Ministry of Internal Affairs

ArmInfo.  Armenian Minister of Internal Affairs Arpine Sargsyan and Minister of High-Tech Industry Mkhitar Hayrapetyan visited the Military Industry Committee, where  they discussed the potential for using domestic technological and  military-industrial potential in the country's Ministry of Internal  Affairs.

Visa Announces Visa Threat Intelligence Platform to Strengthen Cyber and Fraud Defense

ArmInfo. New platform brings together cyber and payments intelligence to help institutions detect threats earlier and reduce downstream fraud risk

RA ambassador to U.S.holds meetings with representatives of U.S.  companies operating in technology and semiconductor sector
Armenia exploring AI and digital integration for urban planning and  project expertise
Real estate

Armenia wants to fully clarify Real Estate Cadastre by January 1,  2030

ArmInfo.  Armenia wants to fully clarify the Real Estate Cadastre by January 1, 2030. The National Assembly of the Republic of Armenia will discuss amendments to the laws "On State Registration of Property Rights" and "On Urban Development" in the first reading at its plenary session on June 18.

Armenia dealing with errors in property rights registration

ArmInfo.   Armenia intends to fully clarify the Real Estate Cadastre by January 1, 2030. At its May 19 meeting, the RA National Assembly Committee on Economic Affairs approved amendments to the laws "On State Registration of Property Rights" and "On Urban Development."

Reverse mortgage institution to be introduced in Armenia
Mortgage transactions in Armenia increased by 32.2% in 2025
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09.07.2026
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CAD258.94-0.28
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