World Bank forecasts moderate slowdown for Armenia`s economy through  2027

 Tuesday, January 13 2026 21:33:00
World Bank forecasts moderate slowdown for Armenia`s economy through  2027

ArmInfo. In its latest Global Economic Prospects report released on January 13, the World Bank (WB) forecasts a gradual slowdown in Armenia's GDP growth in 2026-2027 to 4.9-4.7% from an estimated 5.2% in 2025 (after a slowdown in 2024 from 8.3% to 5.9% - Ed.).  At the same time, in the  countries neighboring Armenia, according to the new WB forecast, GDP growth in 2026-2027 will be lower in Azerbaijan at 1.8-1.7% (compared  to an estimated 1.9% in 2025), and higher in Georgia at 5.5-5% (compared to an estimated 7% in 2025).

Idram Summarizes 2025
 Tuesday, January 13 2026 18:29

ArmInfo.2025 was a successful year for Idram, marked by significant partnerships with major international players, a substantial increase in points of sale, international awards, and many other achievements.

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The Power of One Dram Donates 5,788,105 AMD to the City of Smile Charity Foundation
 Tuesday, January 13 2026 15:45

ArmInfo. The amount collected by "The Power of One Dram" in December 2025, 5,788,105 AMD, was a record not only for the past year, but also for the 5-year history of the project. Let us remind you that the beneficiary of December was the "City of Smile" Charity Foundation, and all the money collected will go towards the treatment costs of children with cancer.

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Union of Banks of Armenia, EFPA Europe launch Branch Manager  qualification program
 Tuesday, January 13 2026 14:55

ArmInfo. The Union of Banks of Armenia and EFPA Europe/European Financial Planning Association have launched a new phase of cooperation.

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Romanos Petrosyan: ENA CJSC paid approximately 63.7% more in taxes  and fees
 Tuesday, January 13 2026 14:26

ArmInfo.  The Electric Networks of Armenia CJSC (ENA) has paid approximately 63.7% more in taxes and fees, as reported by the company's interim manager, Romanos  Petrosyan.

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Papikyan: Armenia to allocate 150 billion drams for defense industry  development
 Tuesday, January 13 2026 14:12

ArmInfo.  Armenia will allocate 150 billion drams (over $390 million) for the development of the defense industry as part of the Armed Forces Development Program  for 2026-2028, as stated by Armenian Defense Minister Suren Papikyan  during a press conference in Yerevan on January 13.

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Converse Bank Successfully Completes Globbing Bond Placement
 Monday, January 12 2026 21:20

ArmInfo. Converse Bank announces the successful completion of the placement of Globbing bonds, reflecting strong investor demand and confidence in the company’s financial position and growth strategy.

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Agrotech enters Armenian corporate bond market with AMD 600M issuance
 Monday, January 12 2026 18:40

ArmInfo.  Agrotech (AGROTECH), one of the largest suppliers of products and technologies for greenhouse farms and agricultural production in Armenia, has entered the corporate debt market, announcing the issuance of nominal coupon bonds totaling   600 million AMD to fund its strategic expansion. The investment  company CUBE INVEST is serving as the underwriter.

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Armenia ranks 37th out of 101 countries in World Bank`s new Business  Ready (B-Ready) ranking
 Monday, January 12 2026 15:56

ArmInfo.  Armenia ranked 37th out of 101 countries in the World Bank's new Business  Ready (B-Ready) ranking, which has replaced the Doing Business  framework for assessing the investment and business climate globally.  Armenian Economy Minister Georg Papoyan shared this information in an  interview with Public Television.

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Eighteen investment programs worth a total of $1 billion being  implemented in Armenia`s capital
 Monday, January 12 2026 11:56

ArmInfo.Eighteen investment programs worth a total of $1 billion are being implemented in Armenia's capital. This was announced by Aneta Babayan, Advisor to the Mayor of Yerevan, at a working meeting at the Yerevan City Hall.

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USD transactions more active than RUB ones in Armenia`s interbank  curency market Jan 5 to 9, 2026
 Friday, January 9 2026 18:44

ArmInfo. On the Armenian Interbank Currency Market from January 5 to January 9, 2026, an increase in dollar transactions was accompanied by a decline in ruble transactions, while euro transactions remained silent.

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The Central Bank of Armenia has introduced ASDA standards
 Friday, January 9 2026 16:45

ArmInfo. With the technical assistance of the European Bank for Reconstruction and Development (EBRD) and the financial support of the Government of Japan, the Central Bank is introducing a contract governed by Armenian law and aligned with international standards — the Armenian Standard Derivatives Agreement (ASDA) — which may be applied to repo, derivatives, and securities lending transactions.

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57% of eligible citizens now using cashback system - Minister of  Labor and Social Affairs
 Friday, January 9 2026 12:32

ArmInfo.  378,000 citizens, representing 57% of all eligible beneficiaries,  have used  the cashback system, as stated by Armenian Minister of Labor and  Social Affairs Arsen Torosyan during a press conference on January 9.

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Central Bank of Armenia: ISDA trademark protection extended to   Republic of Armenia
 Friday, January 9 2026 11:58

ArmInfo.  According to the decision adopted by the World Intellectual Property Organization (WIPO) on November 13, 2025, the protection of the ISDA trademark has  been extended to the territory of the Republic of Armenia. This  announcement was made by the Central Bank of Armenia made this  announcement, clarifying that the extension of ISDA trademark  protection in the Republic of Armenia ensures legal clarity and  alignment with international standards. 

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December 2025 Securities Market Data at the Armenia Stock Exchange
 Thursday, January 8 2026 19:22

ArmInfo. Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

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Armenia collected approximately AMD 5bln in taxes in 2025
 Wednesday, January 7 2026 16:11

ArmInfo.  The State Revenue Committee reports that in 2025, Armenia's state budget tax revenues (tax revenues and state duties) amounted to 2 trillion 725.2 billion  drams, which is 334.3 billion drams, or 14%, more than the same  figure in 2024.

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Cashback for pensioners and beneficiaries may increase from 20% to  22%
 Wednesday, January 7 2026 13:48

ArmInfo. Cashback for pensioners and beneficiaries in Armenia may increase from 20% to 22% (20% + 2%). Armenian Minister of Labor and Social Affairs Arsen  Torosyan announced this on his Facebook page.

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AraratBank Donates AMD 8 million to the Reconstruction of the Spandaryan Canal
 Monday, December 29 2025 16:54

ArmInfo.AraratBank has joined the Spandaryan Canal reconstruction project – a matter of strategic importance for Syunik region - implemented under the 2025 "Homeland and Eternity" fundraising campaign of the Hayastan All-Armenian Fund.

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New Education Platforms through Cooperation between AraratBank and Aren Mehrabyan Foundation
 Friday, December 26 2025 21:11

ArmInfo.The cooperation between AraratBank and Aren Mehrabyan Charitable Foundation has been under way for two years, and already hundreds of young people have participated in digital skills development courses, committing themselves to building their careers in the aerospace, engineering, and IT sectors.

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2% cashback for all ArCa cardholders not to apply to cashless  purchases from foreign businesses, says Deputy Finance Minister
 Friday, December 26 2025 15:06

ArmInfo.  "This measure does not concern price regulation. It concerns cashback for non-cash purchases using ArCa National Payment System cards," Armenian Deputy Finance  Minister Edgar Mkrtchyan stated at a press conference on December 26,  answering a question from an ArmInfo correspondent about whether the  legislator has provided mechanisms to curb the rise in prices and  annual service fees for ArCa cards, given the projected increase in  the number of people wishing to purchase these cards, following the  Cabinet's adoption of a cashback program for ArCa card purchases.

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Armenian government approves measures and procedures for cashback on  non-cash transactions using ArCa NPS cards
 Thursday, December 25 2025 15:53

ArmInfo.  On December 25, the Armenian government approved measures and procedures for cashback on non-cash transactions using ArCa National Payment System cards. Starting in 2026, cardholders will receive a 2% cashback. Pensioners  and individuals receiving benefits will also receive an additional 2%  on non-cash purchases when paying with an ArCa card, in addition to  the already established 20% cashback.

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News
Minister on Armenian authorities` final decision on construction of  nuclear power plant with several small modular reactorsMinister on Armenian authorities` final decision on construction of  nuclear power plant with several small modular reactors
Armenia, Iraq discuss  energy cooperation Armenia, Iraq discuss  energy cooperation 
World Bank forecasts moderate slowdown for Armenia`s economy through  2027World Bank forecasts moderate slowdown for Armenia`s economy through  2027
Unemployment rate in Armenia drops to 11.8% in Q32025Unemployment rate in Armenia drops to 11.8% in Q32025
Russia`s International Reserves Reach a Record $763.9 BillionRussia`s International Reserves Reach a Record $763.9 Billion
Idram Summarizes 2025Idram Summarizes 2025
The global economy will grow by 2.7% in 2026The global economy will grow by 2.7% in 2026
Armenia`s High-Tech Sector Development Strategic Plan  to be approved  in 2026Armenia`s High-Tech Sector Development Strategic Plan  to be approved  in 2026
PM Pashinyan: Azerbaijani fuel imports breaking monopolies and  lowering pricesPM Pashinyan: Azerbaijani fuel imports breaking monopolies and  lowering prices
RA Economy Minister  hopeful for  new economic and logistical  opportunities with potential opening of borders with Turkey RA Economy Minister  hopeful for  new economic and logistical  opportunities with potential opening of borders with Turkey
The Power of One Dram Donates 5,788,105 AMD to the City of Smile Charity FoundationThe Power of One Dram Donates 5,788,105 AMD to the City of Smile Charity Foundation
Armenia`s trade turnover hits 6 trillion drams in 11 monthsArmenia`s trade turnover hits 6 trillion drams in 11 months
Union of Banks of Armenia, EFPA Europe launch Branch Manager  qualification programUnion of Banks of Armenia, EFPA Europe launch Branch Manager  qualification program
Armenia`s telecommunications revenue growth deceleratingArmenia`s telecommunications revenue growth decelerating
Cargo transportation in Armenia increased by 2.5% in the first 11  months of 2025, while passenger transportation decreased by 2.3% Cargo transportation in Armenia increased by 2.5% in the first 11  months of 2025, while passenger transportation decreased by 2.3%
Romanos Petrosyan: ENA CJSC paid approximately 63.7% more in taxes  and feesRomanos Petrosyan: ENA CJSC paid approximately 63.7% more in taxes  and fees
Papikyan: Armenia to allocate 150 billion drams for defense industry  development Papikyan: Armenia to allocate 150 billion drams for defense industry  development
Trump Imposes a Credit Card Interest CapTrump Imposes a Credit Card Interest Cap
Cognac and wine production in Armenia  significantly decreased by  December 2025Cognac and wine production in Armenia  significantly decreased by  December 2025
Trump imposes 25% tariffs on countries cooperating with IranTrump imposes 25% tariffs on countries cooperating with Iran
EEC Board sets import customs duty rate on natural calcium phosphatesEEC Board sets import customs duty rate on natural calcium phosphates
Armenia`s industry hardly retains growth by Dec 2025 Armenia`s industry hardly retains growth by Dec 2025 
Armenia`s metallurgical industry shows declineArmenia`s metallurgical industry shows decline
Electric energy output 6.5% up in Armenia in Jan-Nov 2025 as compared  with Jan-Nov 2024Electric energy output 6.5% up in Armenia in Jan-Nov 2025 as compared  with Jan-Nov 2024
Information security expert on risks of AI in government system Information security expert on risks of AI in government system 
Converse Bank Successfully Completes Globbing Bond PlacementConverse Bank Successfully Completes Globbing Bond Placement
Experts expect the ruble to weaken in 2026Experts expect the ruble to weaken in 2026
Mercedes-Benz sales fell 9.2% last yearMercedes-Benz sales fell 9.2% last year
Agrotech enters Armenian corporate bond market with AMD 600M issuanceAgrotech enters Armenian corporate bond market with AMD 600M issuance
Armenia`s  Tourism Committee summarizes results of 2025Armenia`s  Tourism Committee summarizes results of 2025
Armenian inflation hits 3.3% in 2025: Sharp rise in  food and service  costsArmenian inflation hits 3.3% in 2025: Sharp rise in  food and service  costs
Armenia ranks 37th out of 101 countries in World Bank`s new Business  Ready (B-Ready) rankingArmenia ranks 37th out of 101 countries in World Bank`s new Business  Ready (B-Ready) ranking
Armenia`s economic activity hits 8.3% in January-November 2025Armenia`s economic activity hits 8.3% in January-November 2025
Armenian Minister of Economy presents economic dividends of peace  process with AzerbaijanArmenian Minister of Economy presents economic dividends of peace  process with Azerbaijan
Eurasian Economic Commission Council sets customs duty rates for  goods in foreign electronic tradeEurasian Economic Commission Council sets customs duty rates for  goods in foreign electronic trade
Armenian expert`s questions concerning TRIPP Route implementation Armenian expert`s questions concerning TRIPP Route implementation 
CIS Electric Power Council developing draft strategy for development  of CIS fuel and energy complex through 2050CIS Electric Power Council developing draft strategy for development  of CIS fuel and energy complex through 2050
Narek Karapetyan on expenses of RA Premier`s staff Narek Karapetyan on expenses of RA Premier`s staff 
Eighteen investment programs worth a total of $1 billion being  implemented in Armenia`s capitalEighteen investment programs worth a total of $1 billion being  implemented in Armenia`s capital
South Caucasus Railway served 510,000 passengers last year South Caucasus Railway served 510,000 passengers last year 
Azerbaijan sent its third batch of fuel to ArmeniaAzerbaijan sent its third batch of fuel to Armenia
Georgia`s tangerine exports plummeted by 54%Georgia`s tangerine exports plummeted by 54%
Armenia`s share in the South Caucasus` trade turnover amounted to 22.1%Armenia`s share in the South Caucasus` trade turnover amounted to 22.1%
Oil prices are risingOil prices are rising
Florida is building a highway that will charge electric vehicles on the moveFlorida is building a highway that will charge electric vehicles on the move
USD transactions more active than RUB ones in Armenia`s interbank  curency market Jan 5 to 9, 2026USD transactions more active than RUB ones in Armenia`s interbank  curency market Jan 5 to 9, 2026
The Central Bank of Armenia has introduced ASDA standardsThe Central Bank of Armenia has introduced ASDA standards
RA Ministry of Education and Science to assist training of personnel  for light industryRA Ministry of Education and Science to assist training of personnel  for light industry
Armenia`s minister of labor on measures to stimulate employment Armenia`s minister of labor on measures to stimulate employment 
Goldman Sachs reiterates its 2026 forecast of $4,900 per ounceGoldman Sachs reiterates its 2026 forecast of $4,900 per ounce
 Former ENA Director General questions PSRC financial forecasts for  ANPP Former ENA Director General questions PSRC financial forecasts for  ANPP
RA SRC  releases  list of electric vehicles eligible for duty  reimbursementRA SRC  releases  list of electric vehicles eligible for duty  reimbursement
57% of eligible citizens now using cashback system - Minister of  Labor and Social Affairs57% of eligible citizens now using cashback system - Minister of  Labor and Social Affairs
Central Bank of Armenia: ISDA trademark protection extended to   Republic of ArmeniaCentral Bank of Armenia: ISDA trademark protection extended to   Republic of Armenia
Armenia extends VAT exemption for imported electric vehicles for  another yearArmenia extends VAT exemption for imported electric vehicles for  another year
New shipment of Russian grain reaches Armenia via Azerbaijan -  PapoyanNew shipment of Russian grain reaches Armenia via Azerbaijan -  Papoyan
Political Scientist: Yerevan sacrificing  economic interests for   western loyalty Political Scientist: Yerevan sacrificing  economic interests for   western loyalty 
December 2025 Securities Market Data at the Armenia Stock ExchangeDecember 2025 Securities Market Data at the Armenia Stock Exchange
Strategic competition is growing between the US and ChinaStrategic competition is growing between the US and China
More tourists in Armenia last year as compared with 2024 More tourists in Armenia last year as compared with 2024 
Read more
Exchange rates
13.01.2026
RUB4.83-0.01
USD380.83-0.32
EUR444.28-1.09
GBP512.94-0.39
CAD274.31-0.37
JPY23.98-0.17
CNY54.59-0.07
CHF476.99-1.18


Experts
Information security expert on risks of AI in government system Information security expert on risks of AI in government system 
Armenia has for many years been importing oil products from Turkiye -  expert Armenia has for many years been importing oil products from Turkiye -  expert 
Mining remains a social pillar of Armenia`s regions - studyMining remains a social pillar of Armenia`s regions - study
Read more

Commented
ATI.SU: Demand for international cargo transportation 30% up in  ArmeniaATI.SU: Demand for international cargo transportation 30% up in  Armenia
Civil Contract nominates Armen Ktoyan for  Central Bank Board Member  positionCivil Contract nominates Armen Ktoyan for  Central Bank Board Member  position
Armenia, France considering prospects for expanding technological  cooperation  Armenia, France considering prospects for expanding technological  cooperation  

Company bonds
UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2