ArmInfo.  The Asian Development Bank will provide Armenia with a grant of $3 million for the reconstruction of a secondary school in the village of Voskehat in the Armavir region of the republic. At a meeting on July 10, the RA Government approved the draft decree of the RA President on ratification of the relevant agreement with the ADB.

ArmInfo. Prime Minister Nikol Pashinyan received Firebird co-founder and CEO Razmig Hovakimyan, NVIDIA Vice President Rev Lebaredyan and Team Telecom Armenia co-founder and chairman of the board of directors Alexander Yesayan.  

ArmInfo. On July 2, the extraordinary session of the National Assembly of the Republic of Armenia discussed the draft agreement with the Asian Development Bank submitted by the RA government for ratification. 

ArmInfo.The Central Bank of Armenia has revised its GDP growth forecast for 2025 from the previous range of 7-4.5% to a new range of 5.1-4.6% (compared to the actual 5.9% growth in 2024). The Central Bank has also adjusted its GDP growth forecast for 2026, now anticipating a slowdown to 4.9-4.4%, instead of the previous 4.7-7% (depending on the inflation trajectory).

ArmInfo. The day before, Artur Khachatryan, a member of the opposition Hayastan faction, met with representatives of the International Monetary Fund (IMF) and spoke about concerns regarding the situation in the country's economy.

ArmInfo.Armenia will receive a EUR 236 million loan from the Asian Development Bank (ADB) under the  Sustainable and Inclusive Road Sector Improvement Project for the construction of the 27.12 km northern section of the Sisian-Kajaran road. The relevant loan agreement received a positive conclusion from the parliamentary committee on financial and credit issues on June 13 and was included in the agenda of the NA plenary session.

ArmInfo.

ArmInfo. On June 12, the Armenian government approved the estimated financial framework and implementation schedule for the construction of the new Isakov-Arshakunyats road in Yerevan under the .

ArmInfo. On June 12, the Government of Armenia approved the allocation of $1 million within the framework of the 13th replenishment of the Asian Development Fund and the  eighth replenishment of the Special Fund for Technical Assistance.

ArmInfo. Almost $500 million in investments will be directed to the implementation of a large-scale project in Armenia, which was officially presented the day before at the largest European startup and technology conference Viva Technology. The RA Government, NVIDIA, Firebird and Team Group will join forces to create the most powerful supercomputer and data processing center in the region based on artificial intelligence (AI) solutions. Prime Minister Nikol Pashinyan noted this on June 12 at a  regular government meeting.

ArmInfo.  A nearly $500 million investment project to be implemented in Armenia was officially presented today at Viva Technology, Europe’s largest startup and tech conference. The Government of the Republic of Armenia, NVIDIA, Firebird, and Team Group will collaborate to build the region’s most powerful Supercomputing Hub and data processing center, powered by artificial intelligence (AI) solutions.

ArmInfo. The mission of the Asian Development Bank (ADB), accompanied by employees of the Road Department, visited Syunik region to study the project of the northern section of the Sisian-Kajaran road within the framework of the North-South international transport corridor.

ArmInfo. Deputy Prime Minister of Armenia Tigran Khachatryan and Director of the Asian Development Bank (ADB) Office in Armenia Donald Lambert exchanged views on the current  framework of bilateral cooperation and discussed priority areas of cooperation for the coming years.

ArmInfo. The Asian Development Bank (ADB) is providing Armenia with significant assistance in implementing the North-South transport corridor construction project. This was stated by Narek Zulalyan, Deputy Executive Director of the  Road Department Fund, during a press tour dedicated to the 20th anniversary of ADB's cooperation with the Republic of Armenia.

ArmInfo. As part of the program to enhance the seismic safety of schools in Armenia, the restoration and construction of 23 out of 46 planned educational institutions has been completed. This was announced by Gohar Musaelyan, Head of the ADB Program, during a press tour dedicated to the 20th anniversary of cooperation between the Asian Development Bank (ADB) and the Republic of Armenia. She specified that work in the remaining schools is either ongoing or is in the final design stage. 

ArmInfo. On May 15, the Government of Armenia approved the proposal to sign a letter of agreement (M6 Vanadzor-Bagratashen).

ArmInfo. 7 May, Yerevan- Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”

ArmInfo.  On April 30, the Armenian Cabinet approved the bill <On Ratification of the Agreement between the Republic of Armenia and the Asian Development Bank on Provision  of a Loan by the Asian Development Bank (ADB) for the Sustainable and Inclusive Road Sector Improvement Project> worth 236 million euros.

ArmInfo.The seismic safety and disaster risk management sphere is a priority for the Asian  Development Bank (ADB), and therefore it is especially important that various state structures are actively involved in these processes.

ArmInfo.  The continued lending activity in the first quarter of 2025 has enabled Armenian banks to increase profits at double-digit rates. Thus, the growth in the loan portfolio by 28% per annum, reaching 6.5 trillion ($16.7 billion) has  contributed to a 21% annual increase in the total net profit of  banks, amounting to 100.6 billion drams ($256.9 million). This is evidenced by data from the Express Ranking of Armenian Banks as of 31.03.2025, prepared by ArmInfo Investment Company.