ArmInfo.

ArmInfo.  The first domestic satellite of Armenia, Armsat-1, developed by the Bazoomq Space Research Laboratory and the Center for Scientific Innovation and Education, crossed the Karman line (the conventional boundary of space at an altitude of 100 km) for the last time and completed its mission. This is stated in the official message of the laboratory on  its Facebook page.

ArmInfo. The Urban Development Committee of Armenia proposes to create a rating system for construction companies of the Republic of Armenia, which will ensure transparency, competitive development and attraction of international  investments. The draft law is posted on the unified portal of legal acts e-draft.am.

ArmInfo. The Armenian government has raised prices by 5%. This assessment was made by the co-founder  and head of the Union of Entrepreneurs "Mantashyants" Vahram Mirakyan. "The phrase "the government/state raises taxes on the sector" is incorrect. To convey the essence of the phenomenon, the phrase "the government raises prices" should be used.

ArmInfo. The World Bank (WB) has worsened its forecast for Armenia's GDP growth in 2025 from the previous 5% to an updated 4% (from the actual 5.9% in 2024), expecting some acceleration in 2026 to 4.2% (against the previously  announced 4.6%). This is noted in the April WB economic review for the Europe and Central Asia region "Accelerating growth through entrepreneurship, technology, and innovation".

ArmInfo.

ArmInfo.

ArmInfo. The four largest telecom operators in Armenia sent 7.5 billion drams to the state treasury in the first quarter of 2025, which is 6.3% less than the figure for the previous year. Of this amount, 94.7 million drams were paid in customs duties, 1.9 billion in direct taxes (including profit tax, income tax) and 3.9 billion in VAT. This is evidenced by data from the State Revenue Committee of the Republic of Armenia.

ArmInfo. Of the 7 operating insurance companies, 3 were included in the list of the 1000 largest taxpayers of Armenia in the first quarter of 2025 (as a year ago): LIGA Insurance, INGO and Sil Insurance. This is evidenced by the data of the State Revenue Committee of the Republic of Armenia.

ArmInfo.  "We, the current domestic air carriers serving more than one destination, would like to express our deep concern over the decision of the Government of the Republic of Armenia regarding the approval of the Program for Assistance to the Development of Passenger Transportation by Air in  the Republic of Armenia," reads a joint statement by Armenian  airlines FlyOne Armenia (Yerevan) and Shirak Avia (Gyumri).

ArmInfo. An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia. At the conclusion of the discussions, Ms. Petrova issued the following statement:

ArmInfo.  In the first quarter of 2023, the banking system of Armenia increased tax payments to the state treasury by 25% per annum - up to 27.7 billion drams ($70.8 million). Of this amount, 85.5% or 23.8 billion drams were paid in direct taxes, with an annual growth of 26%. This is evidenced by the data of the State Revenue Committee of the Republic of Armenia.

ArmInfo. The Armenian Interbank Currency Exchange worked only twice from 21 to 25 April 2025 and only for ruble transactions. No dollar transactions were carried out  during this period, and euro transactions have not been carried out for a month and a half. As a result, the weekly trend of ruble transactions reversed from a significant 2.1-fold growth towards a 55% decline.

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.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.In the first quarter of 2025, 180,805 tourists from Armenia visited Georgia, which is 5.7%  lower than the  previous year's figure. This is evidenced by  data from the National Tourism Administration of Georgia.  

ArmInfo.  As the season of travel and exploration approaches, many are getting ready for long walks under the sun and exciting journeys both in Armenia and abroad. And what’s the key to truly enjoying every step? Comfortable, high-quality shoes. That’s exactly why IDBank and Idram have teamed up with ECCO to launch a new campaign—helping you travel in comfort and style, wherever the road takes you.