ArmInfo. The Central Bank of the Republic of Armenia is trying to solve the problem of residents of the regions of Armenia bordering Azerbaijan who cannot take advantage of the housing purchase program. This was stated by the Chairman of the Central Bank Martyn Galstyan in the National Assembly  of the Republic of Armenia on June 18, answering a question from the MP from the opposition faction "Armenia" Gegham Nazaryan.

ArmInfo. Recently, a delegation of the Eurasian Economic Commission (EEC), headed by the EEC Minister  for Customs Cooperation Ruslan Davydov, visited Armenia. ArmInfo correspondent met with the EEC Minister, asking him to answer a number of questions

ArmInfo.

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. At the moment, the Armenian banking system does not have any issues when it comes to countering potential risks. The Chairman of the Central Bank of Armenia, Martin Galstyan, made this statement during a press conference on June 17, when responding to journalists questions about the potential impact of the escalation of the Iran-Israel conflict on  the stability of Armenia's banking system.

ArmInfo.

ArmInfo. The factor of the Iranian-Israeli conflict may lead to an increase in the refinancing rate in Armenia, as stated by Martin Galstyan, the Chairman of the Central Bank of Armenia, in parliament on June 17.

ArmInfo.Prime Minister Nikol Pashinyan received Alexander Timan, the newly appointed head of the  IMF country mission, as reported by the press service of the Cabinet of Ministers.

ArmInfo.

ArmInfo. On June 17, RA Deputy Prime Minister Tigran Khachatryan received a delegation led by Alexander Timan, the newly appointed head of the IMF Armenian mission.

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ArmInfo. In 2025 and in the coming years, we will gradually reduce the rate of increase of domestic debt in the total government debt. This was stated by the Minister of Finance of Armenia Vahe Hovhannisyan on June 17 from the rostrum of  the parliament, answering a question from the member of the ruling faction "Civil Contract", deputy head of the standing committee of the National Assembly Babken Tunyan.

ArmInfo. Armenia has proposed Iraq to sign a memorandum of understanding in the fields of culture and tourism in the near future. This was reported by the press service of the Tourism Committee, citing the results of the meeting between the head of the Armenian Tourism Department Lusine Gevorgyan  and the Charge d'Affaires of the Iraqi Embassy in Armenia, head of the mission Ali Abdulkarem Utavi.

ArmInfo. The Central Bank of Armenia has once again left the refinancing rate unchanged at 6.75%. This decision was made on June 17 at a meeting of the Central Bank Board.

ArmInfo. During his working visit to Germany, Armenian Minister of Territorial Administration and Infrastructure David Khudatyan met with President of the Landtag of Saxony-Anhalt Gunnar Schellenberger.

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. Converse Bank has secured trade finance line from the International Finance Corporation (IFC). The agreement was signed on June 16 in Vienna by IFC's Regional Industry Manager, Financial Institutions Group, Europe, Etleva Koka and Converse Bank's CEO, Chairman of the Executive Board Andranik Grigoryan. It aims at strengthening Bank’s support for importers and exporters in Armenia and enhancing the Bank’s capacity to facilitate international trade, improve access to global markets, and provide better financing solutions for its customers involved in trade worldwide. 

ArmInfo.  On June 16, Rosselkhoznadzor held videoconference talks with the Food Safety Inspectorate of Armenia on the issue of increased violations in the  supply of plant products from the Republic to Russia. This was  reported by the press service of Rosselkhoznadzor.  Earlier, the  Russian agency expressed serious concern due to the sharp increase in the volume of cut flower imports from Armenia and systematic cases of detection of quarantine objects in plant products. These facts gave rise to speculation about a decrease in control by the competent Armenian agency over the export of goods and the supply of flowers from third countries. In order to prevent the worsening of the quarantine phytosanitary situation in Russia, a letter was sent to the Food Safety Inspectorate of Armenia with a request to take comprehensive measures and strengthen control over the supplied products. Currently, Rosselkhoznadzor is waiting for information from  colleagues on the range, volumes, places of production, reasons for the increase and plans for the supply of flowers to Russia. In addition, since the beginning of 2025, 43% of Armenian cargo has not been presented for quarantine phytosanitary control at the destination. Cut flowers are of particular concern: in June of this year, 78 out of 80 batches were not presented for control. The Service asked to work with exporters on the need for mandatory submission of goods for control at the points of receipt, to immediately suspend the issuance of phytosanitary certificates to organizations that have not previously been involved in the export and import of flowers, and to increase the responsibility of participants in foreign economic activity. In the absence of the necessary response measures and the continued identification of quarantine objects, Rosselkhoznadzor will be forced to introduce additional phytosanitary measures. Representatives of the competent  Armenian agency assured of work on the introduction of an effective mechanism to strengthen phytosanitary control.

ArmInfo. Since January 1,  a total of 28, 916 citizens, who have completed the General Declaration (+ 1551 citizens compared to last Monday), have  received back 2 billion 569 million drams in social credit (+ 132 million drams compared to last Monday). Prime Minister Nikol Pashinyan shared this information on social media.  <On average, each person received 89,000 drams>, he noted.  

ArmInfo. The Armenian government is currently discussing conceptual issues regarding the new Tax Code,  there are also specific ideas for transforming the tax system, as stated by Minister of Finance Vahe Hovhannisyan  during a press  conference on June 16.