ArmInfo.In order to qualify for reimbursement of social expenses related to education and sports within the framework of the general income declaration, one must first ensure that the services they receive from educational institutions or individuals are approved by the authorized state body in the field of education.

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ArmInfo.

ArmInfo. The net profit of the insurance sector of Armenia, after a 4.5-fold jump in 2022, began to decline in 2023, lingering in this trend in 2024 with some slowdown in growth rates from 33% to 26%. This was the result of a  deterioration in the dynamics of premiums to a 2% decline and a  slowdown in the growth of compensation to 15%. While a year ago, both  indicators increased by 17% and 30%, respectively (against high  growth in premiums and stagnation in compensation in 2022). 

ArmInfo. Armenia is ready to actively participate in international initiatives, cooperate with partners and jointly overcome modern challenges in the field of information security.

ArmInfo. Minister of High-Tech Industry of the Republic of Armenia Mkhitar Hayrapetyan received representatives of the World Bank headed by Regional Director for the South Caucasus Roland Price. The meeting was attended by First Deputy Minister Gevorg Mantashyan, Deputy Minister Gevorg Meliksetyan, World Bank Country Director for Armenia Carolin Geginat and other representatives.

ArmInfo. As of February 14, 2025, the balance of duty-free import of electric vehicles into the territory of Armenia by persons who do not have dealer distribution agreements directly with the car manufacturer is 933 units out of the total 5,000 allocated to the country for the current year.

ArmInfo. Feb. 10-14, 2025, in Armenia's interbank foreign exchange market, four USD and three RUB transactions were effected, with no EUR transactions effected.  USD transactions showed an 46% decline against a 3-fold growth the previous week. RUB transactions showed a 64% growth as against a 58%  decline. The total amount of USD transactions exceeded that of RUB  transactions 3-fold as against 9-fold the previous period. 

ArmInfo.With the support of the Vine and Wine Foundation of Armenia (VWFA), Armenian  winemakers participated in the international exhibition Wine Paris 2025 for the first time.

ArmInfo. In 2024, Armenia's population increased by 84.6 thousand people (up to 3.076 million),  but the entry-exit balance remained negative. This is evidenced by the data from the RA Statistical Committee.

ArmInfo.The KardaLove Book Festival, held under the main sponsorship of AraratBank for the first time this year, invites book lovers to Elite Plaza Business Center (15 Khorenatsi Street) on February 15-16 to celebrate the most bookish days of the year under one roof.

ArmInfo.

ArmInfo.The Commission for Protection of Competition (CPC) of Armenia has proposed to introduce  a program to subsidize the production of fruit vodka to support legitimate economic entities that will adhere strictly to established standards.

ArmInfo.Temporary import of vehicles registered in a non-EAEU member state to the customs  territory of the Eurasian Economic Union (EAEU), in this case the Republic of Armenia, by foreign individuals, as well as individuals of the EAEU member states, for personal use is permitted for a period of no more than 1 year. There is currently no other legal regulation establishing other terms for the temporary import of vehicles, the press service of the State Revenue Committee (SRC) of Armenia reports.

ArmInfo.Despite the fact that the Upper Lars checkpoint on the Russian-Georgian border is open  for traffic, 324 heavy-duty trucks from Armenia have accumulated at the checkpoint. This was reported by the North Ossetia Traffic Organization Center.

ArmInfo. The South Caucasus Railway Company announces spring discounts on the purchase of tickets  for the international train Yerevan-Tbilisi-Yerevan.

ArmInfo. The day before, RA Deputy Prime Minister Mher Grigoryan received World Bank (WB) Country  Director for the Caucasus Region Roland Price.

ArmInfo. Ameriabank is the absolute leader in the Armenian banking system in terms of its  portfolio of dram car loans, covering over 50% of the market as of December 31, 2024. Ameriabank increased its portfolio of these loans by 49% in 2024. This is noted in the message of Ameriabank.

ArmInfo.AraratBank has earned the distinguished Partner of the Year title from Ria Money Transfer for its outstanding performance in 2024.

ArmInfo.