Central Asian countries face task of modernizing all economic sectors  - Erlan Nysanbayev

 Wednesday, April 22 2026 14:40:32
Central Asian countries face task of modernizing all economic sectors  - Erlan Nysanbayev

ArmInfo. "The countries of Central Asia, as a region emerging from the USSR, inherited a difficult legacy - outdated technologies," said Erlan Nysanbayev,  Minister of Ecology and Natural Resources of Kazakhstan, during a  meeting with international journalists who arrived in Astana to cover  the Regional Environmental Summit (RES).

The Bank of Russia expects improvement in the second quarter after the economy cooled in the first quarter
 Thursday, April 16 2026 20:59

ArmInfo. Economic activity in Russia in the first quarter of 2026 was expected to slow amid adjustments to tax changes, but more positive dynamics are possible in the second quarter, according to the "What the Trends Say" bulletin prepared by the Central Bank's Research and Forecasting Department.

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Brent rises more than 3% on Middle East news
 Thursday, April 16 2026 20:36

ArmInfo. Brent crude oil rose more than 3% in Thursday's trading amid new reports regarding the situation in the Middle East.

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Goldman Sachs lowered its oil price forecast for the second quarter
 Thursday, April 9 2026 16:57

ArmInfo. Goldman Sachs analysts lowered their price forecasts for major crude oil grades for the second quarter of 2026 after the US and Iran agreed to a two-week ceasefire.

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Lavrov and Araghchi discuss situation at Bushehr Nuclear Power Plant  following bombing of plant by American-Israeli alliance 
 Monday, April 6 2026 10:37

ArmInfo. At the initiative of the Iranian side, a telephone conversation took place on April 5 between Russian Foreign Minister Sergey Lavrov and Iranian Foreign  Minister Abbas Araghchi.

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Road part of Trump Route 90% complete, and railway 70% complete -  Aliyev
 Friday, April 3 2026 13:42

ArmInfo.  Azerbaijani President Ilham Aliyev stated that the road part of the "Trump Route" is 90% complete, and the railway is 70%.

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Istanbul, Yerevan to become main transport hubs for Russian tourists  in 2026 summer season
 Thursday, April 2 2026 10:01

ArmInfo. Istanbul and Yerevan will become the main alternative transport hubs for Russian tourists in the 2026 summer season due to the escalating conflict in the  Middle East. This opinion was expressed by Alexey Volkov, President  of the National Union of Hospitality Industry, in an interview with  TASS.

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The Government Commission approved amendments against underestimating VAT on imports from the EAEU
 Monday, March 23 2026 19:58

ArmInfo. The Government Commission on Legislative Activity has approved amendments aimed at combating the understatement of VAT on imports to Russia from the EAEU, a source told RIA Novosti.

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Microsoft is considering legal action against OpenAI and Amazon
 Wednesday, March 18 2026 19:08

ArmInfo. Microsoft Corp. is considering filing a lawsuit against Amazon.com Inc. and OpenAI over their $50 billion deal, The Financial Times reports, citing informed sources. According to the publication's sources, Microsoft believes the deal could violate the terms of its exclusive cloud partnership agreement with OpenAI, the developer of ChatGPT.

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In the US, gasoline prices exceeded $3.75 for the first time since 2023
 Wednesday, March 18 2026 16:17

ArmInfo. Global fuel markets continue to face supply disruptions caused by the war in the Middle East. The average price of gasoline in the US exceeded $3.75 per gallon (about 3.78 liters) for the first time since October 2023, according to pricing platform Gasbuddy.

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Gold - $4995 per ounce
 Monday, March 16 2026 23:08

ArmInfo. Gold prices fell on Monday due to concerns about accelerating inflation in the world's largest economies due to the conflict in the Middle East.

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The dollar is strengthening against major global currencies
 Monday, March 9 2026 19:00

ArmInfo. The US dollar is confidently strengthening against major global currencies amid the ongoing escalation of the Middle East conflict.

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Asset outflow from Dubai has begun.
 Monday, March 9 2026 18:52

ArmInfo. Wealthy Asian citizens have decided to postpone relocation to Dubai and are looking for ways to reduce their assets in the Middle East, Bloomberg reports, citing investment firm representatives.

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The Middle East conflict threatens the global economy, says the head of the IMF
 Thursday, March 5 2026 12:53

ArmInfo. The global economy is once again being tested by a new conflict in the Middle East, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday.

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European stock markets plunge amid Middle East conflict
 Wednesday, March 4 2026 14:17

ArmInfo. European stock markets fell sharply for the second day in a row on Tuesday amid the escalation of the Middle East conflict, with the decline significantly worsening compared to the previous session.

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Negative dynamics persist in global markets
 Wednesday, March 4 2026 14:02

ArmInfo. On Wednesday, March 4, global markets continued to show negative momentum. US stock indices closed lower in the previous session. In the Asia-Pacific region, indices are also falling. Meanwhile, European markets are showing mixed results.

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Spot gas prices in Europe rose more than 20% on news surrounding Iran
 Monday, March 2 2026 15:56

ArmInfo. Spot gas prices in Europe rose more than 20% on Monday morning on news surrounding Iran.

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Oil and gold are rising sharply due to the escalation of the conflict in the Middle East
 Monday, March 2 2026 15:37

ArmInfo. Futures on American stock indices fell by more than 1% on Monday due to the escalation of the conflict in the Middle East, while oil and gold are actively rising in price. The course of the US dollar rises to the main world currencies, as well as the yield of American government bonds.

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The US Supreme Court has overturned Trump`s massive tariffs
 Friday, February 20 2026

ArmInfo. The US Supreme Court has overturned the sweeping tariffs imposed by President Donald Trump, ruling that he exceeded his authority by using a law designed for emergencies, Reuters and the Associated Press reported, quoted by BTA.

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Amazon Becomes Largest US Company by Annual Revenue, Surpassing Walmart
 Friday, February 20 2026

ArmInfo. Amazon.com Inc. surpassed Walmart Inc. in revenue last year, becoming the largest US company by this metric.

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Italy has become the leading source of remittances to Georgia
 Thursday, February 19 2026

ArmInfo. Private remittances to Georgia in January totaled $282.64 million, up 16.6% ($40.2 million) from a year earlier.

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News
Zeyro, first Armenian AI to be presented in ArmeniaZeyro, first Armenian AI to be presented in Armenia
Armenian Deputy PMs meet  EIB delegationArmenian Deputy PMs meet  EIB delegation
Government to allocate $10 million for tourism infrastructure in  YeghegisGovernment to allocate $10 million for tourism infrastructure in  Yeghegis
Two Milestones, One Celebration: Moneytun Turns 20, Partnership with AraratBank Marks 10 YearsTwo Milestones, One Celebration: Moneytun Turns 20, Partnership with AraratBank Marks 10 Years
Ardshinbank has reduced interest rates on existing SME loansArdshinbank has reduced interest rates on existing SME loans
Eurasian Economic Forum 2026 gaining momentumEurasian Economic Forum 2026 gaining momentum
Kazakh Atomic Energy Agency delegation  holds discussions at   Ministry of Territorial AdministrationKazakh Atomic Energy Agency delegation  holds discussions at   Ministry of Territorial Administration
Government to restart  agricultural insurance program Government to restart  agricultural insurance program 
Evocabank and Proparco-AFD sign a €20M credit agreementEvocabank and Proparco-AFD sign a €20M credit agreement
Ameriabank and Proparco sign a €75M credit agreement to support Armenian agriculture and small businessesAmeriabank and Proparco sign a €75M credit agreement to support Armenian agriculture and small businesses
ArmInfo FinRating: Tariff increases spur high profit growth for  Armenian insurance companiesArmInfo FinRating: Tariff increases spur high profit growth for  Armenian insurance companies
Yerevan and Ashgabat advocated for intensifying economic cooperationYerevan and Ashgabat advocated for intensifying economic cooperation
Process of community consolidation will continue in Armenia - billProcess of community consolidation will continue in Armenia - bill
Armenian businessmen participating in SelectUSA forum Armenian businessmen participating in SelectUSA forum 
French agency Expertise France to receive same benefits in Armenia as  PROPARCOFrench agency Expertise France to receive same benefits in Armenia as  PROPARCO
Central Bank of Armenia: Rising energy prices, supply chain  disruptions, and changes in trade routes could contribute to  acceleration of inflation in ArmeniaCentral Bank of Armenia: Rising energy prices, supply chain  disruptions, and changes in trade routes could contribute to  acceleration of inflation in Armenia
Economy Minister: Armenia open to Emirati investmentsEconomy Minister: Armenia open to Emirati investments
Central Bank of Armenia hopes for continued high domestic demandCentral Bank of Armenia hopes for continued high domestic demand
Armenia, EU sign Connectivity Partnership DeclarationArmenia, EU sign Connectivity Partnership Declaration
Martin Galstyan re-elected as Chairman of Central Bank of ArmeniaMartin Galstyan re-elected as Chairman of Central Bank of Armenia
Ursula von der Leyen: EU expects Armenia`s resilience and growth  program to leverage 2,5 billion euro in mobilized investmentsUrsula von der Leyen: EU expects Armenia`s resilience and growth  program to leverage 2,5 billion euro in mobilized investments
Risk premiums in Armenia`s banking sector have significantly  decreased - CB chairmanRisk premiums in Armenia`s banking sector have significantly  decreased - CB chairman
RA Central Bank keeps refinancing rate at 6.5%RA Central Bank keeps refinancing rate at 6.5%
Bell Ringing Ceremony at the London Stock Exchange marks Ameriabank’s inclusion in the FTSE 100 as part of LFGBell Ringing Ceremony at the London Stock Exchange marks Ameriabank’s inclusion in the FTSE 100 as part of LFG
RA Central Bank`s macroeconomic stability management framework is  recognized as best standard in worldRA Central Bank`s macroeconomic stability management framework is  recognized as best standard in world
AraratBank Announces Change in Executive LeadershipAraratBank Announces Change in Executive Leadership
Russian Embassy: 93 more railcars carrying grain, mineral  fertilizers, and non-ferrous metals traveling from Russia to ArmeniaRussian Embassy: 93 more railcars carrying grain, mineral  fertilizers, and non-ferrous metals traveling from Russia to Armenia
Armenian insurance companies continue to significantly increase  profitsArmenian insurance companies continue to significantly increase  profits
Armenia`s gross international reserves set new record by April 2026 -  $5.544bln, with annual growth rate of 41.2%Armenia`s gross international reserves set new record by April 2026 -  $5.544bln, with annual growth rate of 41.2%
"Strong Armenia" intends to break the vicious circle of poverty
Armenia`s potential membership in IFAR discussed in ParisArmenia`s potential membership in IFAR discussed in Paris
Armenia to adopt European Technical Oversight Model for urban  developmentArmenia to adopt European Technical Oversight Model for urban  development
Rospotrebnadzor blocks  sale of nearly 1.1 million more bottles of  Jermuk mineral water Rospotrebnadzor blocks  sale of nearly 1.1 million more bottles of  Jermuk mineral water 
Liquefied gas prices set to drop over the coming days - Competition  and Consumer  Protection Commission Head Liquefied gas prices set to drop over the coming days - Competition  and Consumer  Protection Commission Head 
French consortium to construct Armenia`s landmark Bargushat tunnelFrench consortium to construct Armenia`s landmark Bargushat tunnel
Construction timelines for nuclear power plants with small modular  reactors much shorter than for traditional units - premier Construction timelines for nuclear power plants with small modular  reactors much shorter than for traditional units - premier 
In Armenia, steps have been taken to address the issue of changing the taxation of dividends from shares and stakes in the country`s commercial banksIn Armenia, steps have been taken to address the issue of changing the taxation of dividends from shares and stakes in the country`s commercial banks
AMD 1.059bln to be allocated from to co-finance subvention programsAMD 1.059bln to be allocated from to co-finance subvention programs
Government to intensify assistance to research and development  companiesGovernment to intensify assistance to research and development  companies
Process of community consolidation to continue in ArmeniaProcess of community consolidation to continue in Armenia
Armenia-Austria business forum takes place in Vienna Armenia-Austria business forum takes place in Vienna 
Opportunities for expanding Armenia-U.S. economic ties discussed in  Washington Opportunities for expanding Armenia-U.S. economic ties discussed in  Washington 
The mathematical knowledge of the current authorities is limited to the 5th grade — Samvel KarapetyanThe mathematical knowledge of the current authorities is limited to the 5th grade — Samvel Karapetyan
AraratBank Supports Launch of the 15th Anniversary “Faces of Memory” SeminarAraratBank Supports Launch of the 15th Anniversary “Faces of Memory” Seminar
Anahit Avanesyan: No plans to increase health insurance premiums for  2027Anahit Avanesyan: No plans to increase health insurance premiums for  2027
Armenia tightens public procurement rules to combat conflict of  interestArmenia tightens public procurement rules to combat conflict of  interest
France intends to more actively participate in investment programs in  Armenia France intends to more actively participate in investment programs in  Armenia
Payments to electronic taxi platforms not exceed 10% of total farePayments to electronic taxi platforms not exceed 10% of total fare
Arsen Torosyan: Armenia is transforming from labor exporter into  labor recipientArsen Torosyan: Armenia is transforming from labor exporter into  labor recipient
Participation in online casinos for some Armenian citizens to be  limitedParticipation in online casinos for some Armenian citizens to be  limited
Monitoring center for X-ray image analysis to be established under  SRC of ArmeniaMonitoring center for X-ray image analysis to be established under  SRC of Armenia
Over 453,000 tourists visited Armenia in January-March, 18.2%  year-on-year increase - Tourism CommitteeOver 453,000 tourists visited Armenia in January-March, 18.2%  year-on-year increase - Tourism Committee
Ministry of Territorial Administration, EBRD discussed possibility of  expanding infrastructure projects in Armenia Ministry of Territorial Administration, EBRD discussed possibility of  expanding infrastructure projects in Armenia
Ministry of Finance hosts newly appointed IMF Permanent  Representative to ArmeniaMinistry of Finance hosts newly appointed IMF Permanent  Representative to Armenia
Newly appointed IMF Resident Representative to take office in AugustNewly appointed IMF Resident Representative to take office in August
RA State Revenue Committee  launches ExIm platform to simplify  foreign trade proceduresRA State Revenue Committee  launches ExIm platform to simplify  foreign trade procedures
Armenia takes part in  international seafood exhibition at Seafood  Expo Global in BarcelonaArmenia takes part in  international seafood exhibition at Seafood  Expo Global in Barcelona
“Your Relative is in Danger”: IDBank Warns About an Aggressive Wave of Phone Scams“Your Relative is in Danger”: IDBank Warns About an Aggressive Wave of Phone Scams
Economy Ministry  clarifies liquefied gas market situationEconomy Ministry  clarifies liquefied gas market situation
RA Prime Minister: The development of science is our policy RA Prime Minister: The development of science is our policy 
Read more
Exchange rates
06.05.2026
RUB4.930.03
USD370.00-0.44
EUR436.123.22
GBP504.572.92
CAD272.240.14
JPY23.760.26
CNY54.320.07
CHF475.883.02




Experts
Main reason for sharp rise in liquefied gas prices in Armenia is  events surrounding Iran and at Upper Lars checkpoint - economist Main reason for sharp rise in liquefied gas prices in Armenia is  events surrounding Iran and at Upper Lars checkpoint - economist
Future of Armenia`s nuclear energy sector in question - expert Future of Armenia`s nuclear energy sector in question - expert 
Ameriabank Included in the List of Companies Defining the State of the Global EconomyAmeriabank Included in the List of Companies Defining the State of the Global Economy
Read more

Commented
In Armenia, steps have been taken to address the issue of changing the taxation of dividends from shares and stakes in the country`s commercial banksIn Armenia, steps have been taken to address the issue of changing the taxation of dividends from shares and stakes in the country`s commercial banks
Armenia has not received any official information from Russian side  regarding Jermuk products - IOBPP Armenia has not received any official information from Russian side  regarding Jermuk products - IOBPP
Ameriabank Included in the List of Companies Defining the State of the Global EconomyAmeriabank Included in the List of Companies Defining the State of the Global Economy
Robert Kocharyan: Armenia`s current economic model  is highly  problematicRobert Kocharyan: Armenia`s current economic model  is highly  problematic