ArmInfo.

ArmInfo. Armenia will receive $1.5 million from the World Bank (WB) for the dismantling of the Nairit  chemical plant and  subsequent chemical cleaning of the soil. During a regular session on June 26, the Cabinet of Ministers of Armenia approved a proposal to sign a grant-letter agreement between the Republic of Armenia and the International Bank for Reconstruction and Development (IBRD, the main lending institution of the World Bank) to prepare a program for the restoration and regeneration of the environment of the enterprise.

ArmInfo. Armenian Economy Minister Gevorg Papoyan does not consider that the events surrounding the Electric Networks of Armenia (ENA) represent an attempt by the state to take over a private business. "Absolutely and definitely not," he said during a briefing for journalists after a government meeting on June 26.

ArmInfo.  During its regular session on June 26,  the Cabinet of Ministers of Armenia approved a proposal to conclude a temporary trade agreement between the Eurasian Economic  Union and its member states, on  one hand, and Mongolia, on the other hand.

ArmInfo. Prime Minister Nikol Pashinyan proposed to put up for sale (free subscription) the shares of Electric Networks of Armenia CJSC so that RA citizens would also  have the opportunity to buy them. The project for  of ENA is already ready, the issue will be considered at an extraordinary session of parliament on July 1.

ArmInfo.

ArmInfo.  Armenia is introducing a temporary ban on the export of several agricultural products, such as wheat, meslin, barley, corn, buckwheat, sunflower seeds, and sunflower oil. The decision was made on June 26 during a meeting of  the Cabinet of Ministers.  As stated in the explanatory note to the document, the decision is intended to ensure food security and stabilize  the economy of Armenia.  

ArmInfo. On June 26, RA President Vahagn Khachaturyan received World Bank Country Director for Armenia Caroline Geghinat, who is concluding her term in the country.

ArmInfo. On June 26, the regular session of the Cabinet of Ministers of Armenia was held on the expediency of ratifying the Agreement .

ArmInfo. The optimism surrounding Armenia's economic development scenario, which forms the basis  of the government's new medium-term program for 2026- 2028, is  not adequately supported, according to the analytical material  prepared by the Luys Foundation experts.

ArmInfo.  IDBank is proud to announce that Innesa Amirbekyan, Head of Financial Institutions at IDBank and Executive Board Member of ICC Armenia, has been appointed to the Editorial Board of Trade Finance Global (TFG)—the world’s leading trade finance publication.

ArmInfo. Within the framework of the World Economic Forum held in the Chinese city of Tianjin, the RA Minister of Labor and Social Affairs Narek Mkrtchyan took part in a panel discussion on the topic "Artificial Intelligence, Automation and the Future of Labor". This was reported by the press service of the department.

ArmInfo.  There are certain structural problems within the economy; electricity generation decreased in May. This was stated by Prime Minister Nikol Pashinyan at a cabinet meeting on June 26.

ArmInfo. Prime Minister Nikol Pashinyan touched upon the economic indicators for May 2025 at the government session on June 27, assessing them as quite good.

ArmInfo. From July 1 of this year, some types of professional activities in Armenia are subject to transfer to the general taxation system. A similar reminder was issued by the State Revenue Committee of the Republic of Armenia.

ArmInfo. Prime Minister Nikol Pashinyan yesterday attended the opening ceremony of the "Homplex Mall" construction materials center.

ArmInfo.

ArmInfo.

ArmInfo. What are the ways fraudsters extract bank card data?

ArmInfo. In Armenia, the industrial price index decreased in January- May 2025 compared to the same period in 2024 from 102.2% to 102.1%. This was observed against the background of a deterioration in the annual dynamics of the industrial sector from 22% growth to 14.1% decline, with a volume of 1.03 trillion drams ($2.6 billion). This is evidenced by the preliminary data of the RA Statistics Committee. At the same time, in  May 2025, compared to May 2024, the industrial price index decreased much more noticeably - from 108% to 102.2%. During this period under review, the dynamics of the industrial sector also worsened to a 5.9% decline (from 6.9% growth a year ago). It is noteworthy that inflation was recorded in the consumer market of Armenia during these periods under review.