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.

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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.

ArmInfo. In Armenia, the industrial price index increased in January- March 2025 compared to  the same period in 2024, rising from 99.7% to 102.1%. This increase occurred alongside a decline in the annual growth rate of the industrial sector, dropping from 30.4%  to 18.5% , with a total volume of 599.8 billion drams ($ 1.5 billion). This is evidenced by the preliminary data from the RA Statistical Committee. 

ArmInfo.The Committee on Financial Credit and Budgetary Affairs gave a positive conclusion on  the ratification of the draft financial agreement between the Republic of Armenia and the European Investment Bank on the provision of a loan of up to 236 million euros. The planned funds will be directed to the financing of the construction of a new 60 km long road between Sisian and Kajaran in the Syunik region of the Republic of Armenia.

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ArmInfo. In January-March 2025, economic activity growth slowed significantly to 4.1% per annum (from  14.3% in the same period of 2024) in Armenia.  Moreover, the industrial sector, which was the main driver of growth a year earlier, is now experiencing a double-digit decline. According to preliminary data from the RA Statistics Committee, this decline was accompanied by a deterioration in the foreign trade trend, shifting  from several-fold growth to a significant decline. 

ArmInfo. Converse Bank sold dollar bonds with an issue volume of $10 million on the primary  market in just a few days. This tranche was placed ahead of schedule - 6 days from the date of issue, instead of the planned three months, as noted in a message from Converse Bank.

ArmInfo.  Armenian Finance Minister Vahe Hovhannisyan held discussions with several high-ranking officials as part of the spring meetings of the International Monetary Fund (IMF) and the World Bank Group in Washington.  As reported by the press service of the Ministry of Finance, Hovhannisyan  met with IMF Deputy Managing Director Bo Li. During the meeting, they discussed the results of the 5th review of the IMF  stand-by program as well as the macroeconomic situation in Armenia and recent developments in the sector.

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ArmInfo.