ArmInfo.The state intends to compensate 40% of farmers' costs for the installation of anti-hail  nets in all communities of Armenia. This was stated by the Minister of Economy of Armenia Gevorg Papoyan. He notedg that the relevant bill had received a positive conclusion at a meeting of the commission and will  likely be approved at the next government meeting.

ArmInfo. Unfortunately, fraudsters are constantly evolving their schemes, coming up with increasingly “ingenious” ways to obtain people’s e-wallet passwords and card details. One of the most common methods today is phone fraud.

ArmInfo.At present, we are actively working and discussing various scenarios and situations with  our Georgian partners. Business representatives are also involved in these discussions. Armenian Minister of Economy Gevorg Papoyan made this statement in the National Assembly while answering questions  from parliamentarians about the situation at the Gezi terminal, where Armenian trucks with wine and cognac products have been stranded there for more than a month.

ArmInfo.

ArmInfo.  The Georgian side has promised to provide clarifications regarding the situation involving  the delay of Armenian cargo at the Gezi terminal and to conduct a laboratory analysis of Armenian cognac products soon - specifically within a time frame of 10 minutes to 2 days. This information was reported to journalists by Gayane Poghosyan, an export specialist at the Proshyan Cognac Factory, following a meeting with the Georgian Ambassador to Armenia, Georgiy Sharvashidze.

ArmInfo.

ArmInfo.  On May 13, victims of financial fraudsters once again gathered at the building of the Central Bank of Armenia, demanding from the management of the main bank a decision on the cancellation of credit obligations and the  restoration of stolen funds.

ArmInfo. The net profit of the insurance sector of Armenia in the first quarter of 2025 increased by 82.3% per annum (against a 73% decline a year ago) and reached 807.2 million drams ($2.1 million). This was the result of a strong slowdown in the annual decline in premiums from 19% to 7% (20.9 billion drams or $53.4 million) and a reversal in the dynamics of compensation from a significant 43% growth towards a 0.2% decline (10.3 billion drams or $26.2 million). This is evidenced by the data of the Financial Rating of Insurance Companies of Armenia as of 31.03.2025, prepared by ArmInfo IC based on published financial reports and additional data requested from the insurance companies. 

ArmInfo. Minister of Territorial Administration and Infrastructure of Armenia David Khudatyan discussed measures aimed at reducing disaster risks at a meeting with  a delegation led by the representative of the United Nations Children's Fund (UNICEF) in the country Christina Weigand.

ArmInfo. Artur Khachatryan, a member of the opposition Hayastan parliamentary faction, promises to speak  in more detail in the coming days about the current economic  situation in Armenia and the "shameful failures of this government, which are pushing the RA towards an economic crisis and an even deeper debt hole." Today, the parliamentarian only states that the country's economy is on the brink of collapse and presents several facts.

ArmInfo.

ArmInfo.The Armenian government proposes to tighten rules for manufacturers and importers of tobacco  products. The NA Standing Committee on Economic Issues discussed the proposed amendments to the Code on Administrative Offenses in the second reading at an extraordinary meeting on May 12.

ArmInfo. The average market price of apartments in the regions of Armenia increased by 12.9% per  annum in the first quarter of 2025, reaching 162.3 thousand drams / 1 sq.m.

ArmInfo. On May 7, an extraordinary concert featuring the world-renowned Belgian group Hooverphonic and the Armenian National Philharmonic Orchestra took place at the Aram Khachaturian Concert Hall under the sponsorship of AraratBank. The event was held in partnership with the Embassy of the Kingdom of Belgium in Armenia as part of the Philharmonic Orchestra's centennial celebration.

ArmInfo.  In Armenia's foreign trade, transactions involving precious metals and stones have seen a decline since 2025, totaling 21.6% ($967.6 million)  in the first quarter, compared to 66.1% ($6.5 billion) a year earlier. This category of goods has been the main factor contributing to the deterioration in the annual dynamics of the country's foreign trade turnover, which dropped from 212% growth to a 54.2% decline. According to the RA Statistical Committee, in the first quarter of 2025, the share of imports and exports of precious metals and stones in the total trade turnover decreased to 15.7% and 31.3%,  respectively, compared to 59.4% and 74.2% in the same period last year.

ArmInfo.  In the first quarter of 2025, the average market price of real estate in apartment buildings in Yerevan increased by 1.5%, reaching an average of 464.3 thousand drams / 1 sq. m.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. In Armenia, the per capita debt burden exceeded $4.4 thousand by April 1, 2025 (compared to $4 thousand a year earlier), showing a growth rate of 10%.  Moreover, the per capita debt burden from external debt increased from $2.1 thousand to $2.3 thousand (a 9.5% increase), and from  internal debt it rose from $1.9 thousand to $2.1 thousand (a 10.5% increase). This increase occurred as the population growth in Armenia slowed down over the year by 1.4% or  41.4 thousand people, reaching 3.081 million people by April 1, 2025. In comparison, the previous year saw a lower growth rate in the per capita debt burden of 8%, accompanied by a more significant population growth of 3.4% or 98.2 thousand people.