IBRD to provide Armenia with EUR 96.4mln for implementation of Tourism and Regional Infrastructure Development program Thursday, July 10 2025
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 ArmInfo. The International Bank for Reconstruction and Development will provide Armenia with a loan of 96.4 million euros for the implementation of the "Tourism and Regional Infrastructure Development" program. The RA government gave its approval to sign a loan agreement with the Bank at its meeting on July 10. |
ArmInfo. The RA Food Safety Inspectorate is actively involved in the export of Armenian flowers to Russia in collaboration with its partner, the Federal Service for Veterinary and Phytosanitary Surveillance of the Russian Federation (Rosselkhoznadzor), as stated in a message from the inspection body.
ArmInfo. 14,757 applications have been submitted under the program of the Ministry of Labor and Social Affairs of Armenia aimed at supporting citizens with bad loans. This was announced during a press conference on July 11 by Armen Margaryan, Head of the Family Benefits Department of the Department for Pension Provision and Other Cash Payments of the Ministry of Labor and Social Affairs.
ArmInfo. In the Armenian interbank foreign exchange market, there was a decrease in dollar transactions and a significant increase in ruble transactions from July 7 to July 11, 2025. Euro transactions have not been conducted for over a month. Specifically, the weekly trend for ruble transactions shifted from a 48% decline to a 2-fold increase, while dollar transactions went from a 3.5-fold increase to a 40-% decline. As a result, ruble transactions began to surpass dollar transactions again, but only slightly - by 1.1 times. Just a week prior, dollar transactions had exceeded ruble transactions by 3.2 times.
ArmInfo. Global travellers to Armenia can now make seamless and secure cross-border QR payments with Alipay+, enhancing the tourism experience across the country at over 85% of the country’s merchants.
ArmInfo. In the Armenian insurance market, the loss ratio for OSAGO has begun to decrease since 2025, amounting to 73.2% in January-May compared to 79.7% the previous year. as evidenced by data from the Bureau of Motor Insurers of Armenia.
ArmInfo.As of today, hail has damaged 8.7 thousand hectares of agricultural land. This was reported in Parliament on June 11 by Deputy Minister of Economy of Armenia in charge of agriculture Arman Khojoyan.
ArmInfo. During an extraordinary session on July 3, the National Assembly of Armenia approved, in the second and final reading, the draft amendments to the laws "On the Public Services Regulatory Authority" and "On Energy" proposed by the ruling "Civil Contract" faction.
ArmInfo."We met with the Minister of Territorial Administration and Infrastructure of Armenia David Khudatyan in Istanbul," Turkish Minister of Energy and Natural Resources Alparslan Bayraktar wrote on his social media account.
ArmInfo. The state will allocate significant funds to the spheres of cyber defense and information security. This was stated by the Minister of High-Tech Industry of the Republic of Armenia Mkhitar Hayrapetyan, speaking during the opening ceremony of the Cyber Security Hackathon, which is being held in Tsaghkadzor from July 9 to 11.
ArmInfo. Many in Armenia believe that the IT sector is in excellent condition, and there is no cause or councern, but this is far from true. This opinion was shared by co- founder and director of Layerswap Aram Kocharyan, during a conversation with an ArmInfo correspondent at Tech Week Vanadzor-2025.
ArmInfo. The average market price of apartments in the regions of Armenia increased by 12.9% per annum in the first quarter of 2025, reaching 162.3 thousand drams / 1 sq.m.
ArmInfo. In the first quarter of 2025, the average market price of real estate in apartment buildings in Yerevan increased by 1.5%, reaching an average of 464.3 thousand drams / 1 sq. m.
ArmInfo. In Armenia's foreign trade, transactions involving precious metals and stones have seen to decline since 2025, amounting to 25% ($1.97 billion) in total from January- May, compared to 65% ($9.99 billion) a year ago. This category of goods has played a decisive role in the deterioration of the annual dynamics of the country's foreign trade turnover, which has dropped from a 2.2- fold increase to a 49% decline. According to data from the RA Statistical Committee, in January-May 2025, the share of imports and exports of precious metals and stones in the total trade turnover fell to 19% and 35%, respectively. In the same period last year these figures were 57% and 73%.
ArmInfo. The net flow of total foreign investment in the real sector of the Armenian economy decreased in January-March 2025 by 14.3% year-on-year, to positive $98.1 million (38.4 billion drams) from positive $114 million (44.8 billion drams). At the same time, the net flow of foreign direct investment (FDI) went from negative $73.3 million (28.8 billion drams) to positive $14.6 million (5.7 billion drams), increasing 2.2 times year-on-year. This is evidenced by the data of the RA Statistical Committee, indicated as a net flow, meaning the difference between attracted and repaid foreign investments.
ArmInfo. In Q1 2025, the unemployment rate in Armenia decreased to 13.9% from 15.5% in the same period of 2024, as evidenced by the data of the RA Statistical Committee.
ArmInfo. From January to May 2025, Armenia's industrial sector experienced a significant decline of 14.1% (compared to a 22% growth for the same period the previous year), resulting in a total volume of more than 1 trillion drams (over $2.6 billion). In May alone, industrial production grew by 2.9% to 218.6 billion drams ($565.4 million), as evidenced by data from the Statistical Committee of the Republic of Armenia.
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