ArmInfo NewsFeed
Russia’s ambassador visited the Zangezur and Agarak copper-molybdenum plantsRussia’s ambassador visited the Zangezur and Agarak copper-molybdenum plants
Head of Armenia’s State Revenue Committee to participate in meeting of Executive Council of the Intra-European Organisation of Tax AdministrationsHead of Armenia’s State Revenue Committee to participate in meeting of Executive Council of the Intra-European Organisation of Tax Administrations
Huawei and the Armenian Enterprise Incubator Foundation sign a memorandum of understanding to expand cooperation in AI fieldsHuawei and the Armenian Enterprise Incubator Foundation sign a memorandum of understanding to expand cooperation in AI fields
The state is in discussions with the private sector to increase the minimum wage, according to a deputy.The state is in discussions with the private sector to increase the minimum wage, according to a deputy.
On Armenia’s interbank foreign exchange market, both dollar and ruble transactions were actively conducted from September 14 to 18On Armenia’s interbank foreign exchange market, both dollar and ruble transactions were actively conducted from September 14 to 18
State Revenue Committee and IMF to Expand Cooperation to Improve Tax Administration EfficiencyState Revenue Committee and IMF to Expand Cooperation to Improve Tax Administration Efficiency
More than just awards: the Junius Financial Tournament has concludedMore than just awards: the Junius Financial Tournament has concluded
Co-badged Arca UnionPay cards are now available at Converse BankCo-badged Arca UnionPay cards are now available at Converse Bank
"The Power of One Dram" - General Partner of the "Climate Change and Women" Awards
Pashinyan discussed issues related to the implementation of the TRIPP projectPashinyan discussed issues related to the implementation of the TRIPP project
Economy Minister: Exports of domestically produced goods to the EU increased by 72%Economy Minister: Exports of domestically produced goods to the EU increased by 72%
Cement imports to Armenia at historically low level - Minister of EconomyCement imports to Armenia at historically low level - Minister of Economy
Consultations were held in Yerevan, during which the draft state budget for 2027 and the framework of fiscal policy were discussedConsultations were held in Yerevan, during which the draft state budget for 2027 and the framework of fiscal policy were discussed
EDB: A strong domestic industry is the key to developing economies’ transition into the high-income groupEDB: A strong domestic industry is the key to developing economies’ transition into the high-income group
Head of Armenia’s Ministry of Territorial Administration and Infrastructure to Participate in the Global Forum on Sustainable Transport Development in BeijingHead of Armenia’s Ministry of Territorial Administration and Infrastructure to Participate in the Global Forum on Sustainable Transport Development in Beijing
The Government of the Republic of Armenia will allocate 3.5 billion drams to the universal health insurance processThe Government of the Republic of Armenia will allocate 3.5 billion drams to the universal health insurance process
Armenia will begin implementing mechanisms for non-repayable payments to public organizations, media outlets and political parties funded by income tax paid by individuals.Armenia will begin implementing mechanisms for non-repayable payments to public organizations, media outlets and political parties funded by income tax paid by individuals.
The Armenian government will allocate 1,110 billion drams to continue the community subsidy programThe Armenian government will allocate 1,110 billion drams to continue the community subsidy program
South Caucasus Railway announces changes to train schedulesSouth Caucasus Railway announces changes to train schedules
Acba Bank is the Market Maker for EBRD Bonds in ArmeniaAcba Bank is the Market Maker for EBRD Bonds in Armenia
Deputy Prime Minister received the head of the Asian Development Bank (ADB) in ArmeniaDeputy Prime Minister received the head of the Asian Development Bank (ADB) in Armenia
Armenia’s poverty rate at the end of 2025 will be lower than the 2024 figure — Arsen TorosyanArmenia’s poverty rate at the end of 2025 will be lower than the 2024 figure — Arsen Torosyan
Issues of ensuring the safe and uninterrupted movement of goods along the Trans-Caspian Transport Corridor were discussed in WarsawIssues of ensuring the safe and uninterrupted movement of goods along the Trans-Caspian Transport Corridor were discussed in Warsaw
SRC: In January–August 2026, a total of 205.5 billion drams in debit funds was returned to taxpayersSRC: In January–August 2026, a total of 205.5 billion drams in debit funds was returned to taxpayers
ZCMC presented its fifth sustainability report for 2025 — TNFD and DMA assessments conducted in Armenia for the first timeZCMC presented its fifth sustainability report for 2025 — TNFD and DMA assessments conducted in Armenia for the first time
Cases of understating the actual value of apartment purchase and sale transactions identified in three construction companies — State Revenue CommitteeCases of understating the actual value of apartment purchase and sale transactions identified in three construction companies — State Revenue Committee
New Forecast by the Central Bank of Armenia: GDP Growth Will Slow to 5.7–5.3% in 2026, Foreign Trade Will Remain in Double-Digit Decline, and Inflation Will Significantly Exceed the TargetNew Forecast by the Central Bank of Armenia: GDP Growth Will Slow to 5.7–5.3% in 2026, Foreign Trade Will Remain in Double-Digit Decline, and Inflation Will Significantly Exceed the Target
IDBank in Monaco: Armenian Financial Innovation on a Prestigious International StageIDBank in Monaco: Armenian Financial Innovation on a Prestigious International Stage
Armenia is among the visa-free countries for Russians where hotel accommodation prices have risen noticeably this summer.Armenia is among the visa-free countries for Russians where hotel accommodation prices have risen noticeably this summer.
Armenia Represented at the International Tourism Exhibition IFTM Top Resa 2026Armenia Represented at the International Tourism Exhibition IFTM Top Resa 2026
Armenia`s short-term country risk premium has fallen to a historically low level.Armenia`s short-term country risk premium has fallen to a historically low level.
The Armenian Ambassador discussed the TRIPP project with the head of Iranian Railways.The Armenian Ambassador discussed the TRIPP project with the head of Iranian Railways.
Martyn Galstyan: Don`t expect oil prices to return to their previous levels anytime soonMartyn Galstyan: Don`t expect oil prices to return to their previous levels anytime soon
Central Bank Governor: Excess demand observed in Armenia far exceeds GDP potentialCentral Bank Governor: Excess demand observed in Armenia far exceeds GDP potential
Politician: The price of gasoline in Armenia has reached an all-time high of 600 drams per literPolitician: The price of gasoline in Armenia has reached an all-time high of 600 drams per liter
Martin Galstyan: Pronounced excess-demand factors prompted the Central Bank to raise the refinancing rateMartin Galstyan: Pronounced excess-demand factors prompted the Central Bank to raise the refinancing rate
The European Parliament approved temporary measures to liberalize trade in relation to Armenian productsThe European Parliament approved temporary measures to liberalize trade in relation to Armenian products
In January–August 2026, 1.467 million tourists visited Armenia.In January–August 2026, 1.467 million tourists visited Armenia.
A corresponding license will be required to organize games using gaming machines — State Revenue Committee A corresponding license will be required to organize games using gaming machines — State Revenue Committee
Natural gas imports into Armenia increased by 15.5% in the first half of 2026, while liquefied gas imports rose by 8.5%.Natural gas imports into Armenia increased by 15.5% in the first half of 2026, while liquefied gas imports rose by 8.5%.
The Central Bank of Armenia raised the refinancing rate from 6.5% to 6.75%.The Central Bank of Armenia raised the refinancing rate from 6.5% to 6.75%.
Unlocking Premium Flight Privileges: IDBank joins Visa and Wizz Air to Introduce Next-Generation Travel Privileges in ArmeniaUnlocking Premium Flight Privileges: IDBank joins Visa and Wizz Air to Introduce Next-Generation Travel Privileges in Armenia
In the first half of 2026, Armenia reduced imports of petroleum products by 34.8%In the first half of 2026, Armenia reduced imports of petroleum products by 34.8%
In Armenia, the decline in the MTPL loss ratio slowed, but policies continued to rise in price.In Armenia, the decline in the MTPL loss ratio slowed, but policies continued to rise in price.
Armenia and Egypt Discussed Opportunities for Expanding Economic CooperationArmenia and Egypt Discussed Opportunities for Expanding Economic Cooperation
The IAEA Director General was presented with the process of implementing the program to extend the operating life of the Armenian Nuclear Power PlantThe IAEA Director General was presented with the process of implementing the program to extend the operating life of the Armenian Nuclear Power Plant
Armenia and Kazakhstan have synchronized their watches on trade and economic cooperation.Armenia and Kazakhstan have synchronized their watches on trade and economic cooperation.
The Buissup Challenge competition concludes in Yerevan: 150 participants, 10 business challenges and a prize fund of 3.5 million dramsThe Buissup Challenge competition concludes in Yerevan: 150 participants, 10 business challenges and a prize fund of 3.5 million drams
The Speaker of the National Assembly: It is impossible to exclude Armenia from the EAEU, since such a mechanism simply does not existThe Speaker of the National Assembly: It is impossible to exclude Armenia from the EAEU, since such a mechanism simply does not exist
On the 35th anniversary of the Republic of Armenia, the Central Bank put a silver commemorative coin into circulationOn the 35th anniversary of the Republic of Armenia, the Central Bank put a silver commemorative coin into circulation
A new model for managing state property is taking shape in ArmeniaA new model for managing state property is taking shape in Armenia
The Armenian Parliament ratified the free trade agreement between the EAEU member states, on the one hand, and the Republic of Indonesia, on the other hand.The Armenian Parliament ratified the free trade agreement between the EAEU member states, on the one hand, and the Republic of Indonesia, on the other hand.
Armenia and Iran signed a protocol on the creation of a simplified customs corridorArmenia and Iran signed a protocol on the creation of a simplified customs corridor
In January–August this year, Turkey’s exports to Armenia amounted to $1.336 millionIn January–August this year, Turkey’s exports to Armenia amounted to $1.336 million
“Araratcement” operates at full capacity under state management: Economy Minister presented the plant’s production tonnage“Araratcement” operates at full capacity under state management: Economy Minister presented the plant’s production tonnage
Supplies of Russian natural gas to Armenia will be temporarily suspendedSupplies of Russian natural gas to Armenia will be temporarily suspended
The 111th meeting of the CIS Economic Council was held in Ashgabat — the next meeting will take place in MoscowThe 111th meeting of the CIS Economic Council was held in Ashgabat — the next meeting will take place in Moscow
Ameriabank presented technological solutions in the customer service sector at the 4Future banking conference.Ameriabank presented technological solutions in the customer service sector at the 4Future banking conference.
Team Telecom Armenia is the technology partner of the Tour of Armenia.Team Telecom Armenia is the technology partner of the Tour of Armenia.
On Armenia’s interbank foreign exchange market, dollar transactions decreased while ruble transactions increased from September 7 to 11.On Armenia’s interbank foreign exchange market, dollar transactions decreased while ruble transactions increased from September 7 to 11.
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Talk of the day

State Revenue Committee and IMF to Expand Cooperation to Improve Tax Administration Efficiency

 Friday, September 18 2026
State Revenue Committee and IMF to Expand Cooperation to Improve Tax Administration Efficiency

ArmInfo.  Chairman of the State Revenue Committee (SRC) Eduard Hakobyan received representatives of the missions that began operating in Armenia with the support of the International Monetary Fund (IMF) to introduce international best practices for improving tax administration processes aimed at identifying unregistered workers, as well as assessing the tax authority and its capabilities in the field of international taxation using the FITAS tool (Framework for International Tax Administration Strengthening).

Economy

Russia’s ambassador visited the Zangezur and Agarak copper-molybdenum plants

Arminfo. As part of his annual visit to Syunik Province, Russian Ambassador to Armenia Sergey Kopyrkin visited Armenia’s leading mining enterprises—the Zangezur Copper-Molybdenum Combine and the Agarak Copper-Molybdenum Combine.  The Russian Embassy in Armenia reports this.

Head of Armenia’s State Revenue Committee to participate in meeting of Executive Council of the Intra-European Organisation of Tax Administrations

Arminfo.  Eduard Hakobyan, Chairman of the State Revenue Committee of the Republic of Armenia, will participate in a meeting of the Executive Council of the Intra-European Organisation of Tax Administrations, which will be held in Budapest. The decision to send the SRC chief on a business trip was signed by RA Prime Minister Nikol Pashinyan.

The state is in discussions with the private sector to increase the minimum wage, according to a deputy.
Pashinyan discussed issues related to the implementation of the TRIPP project

Finance and banks

On Armenia’s interbank foreign exchange market, both dollar and ruble transactions were actively conducted from September 14 to 18

ArmInfo.  On Armenia’s foreign exchange interbank market, both dollar and ruble transactions were actively conducted from September 14 to 18. At the same time, euro transactions have not been conducted for the third consecutive week. In particular, the trend in dollar transactions shifted from a 13.3% decline to 31% growth, while the growth in ruble transactions sharply accelerated from 30.2% to 94%. This allowed the weekly volume of ruble transactions to retain its predominance over dollar transactions, with the gap increasing from 2.2 times to 3.3 times.

More than just awards: the Junius Financial Tournament has concluded

ArmInfo.  Complex calculations, tough competition and major victories: the popular among children Junius Financial Tournament has come to an end. In an interactive and dynamic environment, participants learned how to manage and save money wisely, recognize and protect themselves against modern financial scams, and effectively use digital financial tools.

Co-badged Arca UnionPay cards are now available at Converse Bank
"The Power of One Dram" - General Partner of the "Climate Change and Women" Awards

Insurance

The Government of the Republic of Armenia will allocate 3.5 billion drams to the universal health insurance process

ArmInfo.  The Armenian government will allocate 3.5 billion drams to ensure the subsidization of contributions paid into the universal health insurance system. The decision was made at a government meeting on September 17.

In Armenia, the decline in the MTPL loss ratio slowed, but policies continued to rise in price.

ArmInfo.  The loss ratio for mandatory motor third-party liability insurance (MTPL) in Armenia decreased to 73.2% in January-August 2026 from 74% over the same period in 2025. This was observed against the backdrop of an acceleration in the annual growth of the number of active policies from 7.8% to 9.6%, insurance premiums from 17.5% to 17.8%, and a more noticeable acceleration in the growth of claims paid from 6.6% to 18.7%.

The Armenian Ministry of Health will hold a new competition to fill the position of Director General of the Universal Health Insurance Fund
ArmInfo FinRating: MTPL premiums continue to rise, while health  insurance premiums decline
Statistics

Armenia’s poverty rate at the end of 2025 will be lower than the 2024 figure — Arsen Torosyan

Arminfo. The poverty rate in Armenia at the end of 2025 will be lower than the 2024 figure. Minister of Labor and Well-Being Arsen Torosyan said this during the government question-and-answer session in Parliament, responding to questions from lawmakers.

In January–August 2026, 1.467 million tourists visited Armenia.

ArmInfo. In January-August 2026, Armenia was visited by 1.467 million tourists, 1.7% below the figure recorded a year earlier.

Natural gas imports into Armenia increased by 15.5% in the first half of 2026, while liquefied gas imports rose by 8.5%.
In the first half of 2026, Armenia reduced imports of petroleum products by 34.8%
Digest

Turk-Internet.com: The Firebird project in combination with TRIPP may change not only the transportation but also the digital map of the South Caucasus

ArmInfo.  The Armenian Firebird project, combined with TRIPP (Trump’s Route for International Peace and Prosperity), could change not only the transportation but also the digital map of the South Caucasus. This is reported by the Turkish publication Turk-Internet.com.

Global Economy Remains Resilient Despite Impact of Energy Shock — EDB

ArmInfo. The global economy remains resilient despite the impact of the energy shock. In the United States, domestic demand and investment remain strong; in the eurozone, signs of stabilization have emerged after a weak start to the year; and China is maintaining high growth rates through exports and the development of high-tech industries. This is stated in the new issue of the Macroeconomic Review prepared by the Eurasian Development Bank (EDB).

Russia`s low-power nuclear power plants are unrivaled in the world, says Vladimir Putin.
Georgia launches major reconstruction of key route connecting Armenia  to Russia

Energy

The IAEA Director General was presented with the process of implementing the program to extend the operating life of the Armenian Nuclear Power Plant

ArmInfo.  On the sidelines of the 70th anniversary session of the General Conference of the International Atomic Energy Agency (IAEA), Minister of Territorial Administration and Infrastructure of the Republic of Armenia David Khudatyan held a meeting in Vienna with IAEA Director General Rafael Mariano Grossi.

Supplies of Russian natural gas to Armenia will be temporarily suspended

ArmInfo.  From September 15 to 25, supplies of Russian natural gas to Armenia will be temporarily suspended. This was reported by Gazprom Armenia.

A seminar dedicated to the issue of preserving and transferring critical knowledge in the nuclear industry has opened in Yerevan
In 2027, the Armenian NPP will be shut down for scheduled preventive maintenance for 55 days — Director General

Technology

Huawei and the Armenian Enterprise Incubator Foundation sign a memorandum of understanding to expand cooperation in AI fields

ArmInfo. On the sidelines of the “Advancing the Agentic World” forum taking place in China, Huawei Technologies and Armenia’s Enterprise Incubator Foundation signed a strategic memorandum of understanding (MoU) to expand cooperation in the areas of artificial intelligence, advanced digital technologies, research, innovation, talent development and industrial transformation. This is stated in a foundation release.

Team Telecom Armenia is the technology partner of the Tour of Armenia.

ArmInfo. Team Telecom Armenia is the technology partner of the international professional multi-day cycling race Tour of Armenia, which brought together 16 teams from around the world.

UATE discussed with the Ministry of Technology and Industry the possibility of implementing joint initiatives
The Ministry of Technology and Industry discussed the possibility of implementing joint programs with the French research institute CEA-Leti
Real estate

The head of the Cadastre Committee of Armenia will travel to Moscow for a session of the Interstate Council on Geodesy of the CIS member states

ArmInfo. The Armenian delegation, led by Suren Tovmasyan, Head of the Cadastre Committee, will participate in the 48th session of the Interstate Council on Geodesy, Cartography, Cadastre, and Remote Sensing of the Earth of the CIS Member States in Moscow. The decision to send Tovmasyan was signed by RA Prime Minister Nikol Pashinyan, the government press service reported.

Apartment prices on the rise across Armenia, with regional markets  leading the surge

ArmInfo.During the first half of 2026, the average market price for multi-apartment housing in Yerevan grew by 9.1% year-on-year—a sharp acceleration compared to the modest 0.9% growth recorded during the same period last year—reaching an average of 505,900 drams per square meter.

Government decision: Real estate mortgage transactions to be  conducted online and without a notary
Armenia wants to fully clarify Real Estate Cadastre by January 1,  2030
Exchange rates
18.09.2026
RUB4.310.00
USD363.44-0.06
EUR417.05-0.18
GBP485.52-1.02
CAD259.53-0.26
JPY23.03-0.33
CNY54.260.06
CHF440.590.04






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