ArmInfo. If there were no conflict between Armenia and Azerbaijan, the RA state debt would be less expensive, as stated by Finance Minister Vahe Hovhannisyan on March  19 meeting of the Parliamentary Committee on Economic Affairs.   According to Babken Tunyan, the head of the NA Committee, Armenia's  state dept is expected to increase approximately $450 million  following the results of the 5th tranche of Eurobonds worth $750  million. In turn, Vahe Hovhannisyan mentioned that a repayment of   $313 million is scheduled for March 26, 2025, on the Eurobonds issued  in 2025.

ArmInfo. In 2024, tax revenues (tax income and state duty) to the consolidated budget of the Republic of Armenia totaled 2 trillion 390.9 billion drams. This  amount is 5.1% or 117 billion drams higher than the figure for 2023  as stated by the Chairman of the State Revenue Committee (SRC) of  Armenia, Eduard Hakobyan, on March 19 meeting of the Standing  Committee on Economic Affairs, while reporting on the work carried  out by the SRC in 2024. 

ArmInfo. The Armenian Ministry of Finance believes that the "shadow economy" has significantly decreased in recent years. The head of the department, Vahe  Hovhannisyan, shared his point of view on March 19 at a meeting of  the parliamentary commission on economic issues while reporting on  the work done in 2024.

ArmInfo. The international tourism exhibition and business forum ITF Armenia 2025 will be held in Yerevan from April 4 to 6.

ArmInfo. It is planned to limit the list of activities in Armenia that will have to move from  turnover tax to VAT from July 1, 2025. At its meeting on March 19,  the Committee on Economic Affairs of the National Assembly of the  Republic of Armenia issued a positive conclusion on the amendments to  the Tax Code of the Republic of Armenia submitted by the Government  of the Republic of Armenia in the second and final reading.

ArmInfo. Large electricity consumers in Armenia will have the opportunity to directly sign  contracts with electricity producers. At its session on March 19, the  RA National Assembly Committee on Economic Affairs issued a positive  opinion on the amendments to the Law on Energy submitted in the first  reading by a group of NA deputies.

ArmInfo. The Central Bank of Armenia has revised its GDP growth forecast for 2025 from the previous 7.1-4.8% to an updated 7-4.5% (against the actual 5.9%  growth in 2024). The Central Bank has also revised its GDP growth  forecast for 2026, now expecting a slowdown to 4.7-4.1%, instead of  the previous slowdown to 4.7% or acceleration to 7% (depending on the  inflation trajectory). As a result, the absolute value of GDP will  increase in 2025 to 10.956-10.715 trillion drams (from 10.127  trillion drams in 2024), and then in 2026 it may reach 11.5-11.2  trillion drams. This is noted in the March report of the Central  Bank of the Republic of Armenia "Monetary Policy for the First  Quarter of 2025".

ArmInfo. The Commission for the Protection of Competition (CPC) of Armenia fined bookmakers for almost 1 billion drams.

ArmInfo. Armenia and the Hong Kong Special Administrative Region of China will cooperate in matters related to the avoidance of double taxation and the prevention of tax  evasion. The Committee on Economic Affairs of the National Assembly  of the Republic of Armenia issued a positive conclusion on the draft  of the relevant agreement submitted by the Government of the Republic  of Armenia.

ArmInfo.  The 2024 budget of Armenia was underfulfilled. This is stated in a study conducted by the Luys Foundation.

ArmInfo. The Asian Development  Bank (ADB) will allocate 236 million euros for the construction of  the northern section of the Sisian-Kajaran road, part of the North-  South transport corridor. The  loan agreement was signed by ADB  Resident Representative in Armenia Don Lambert and Armenian Minister  of Finance Vahe Hovhannisyan.

ArmInfo. Deputy Minister of  Territorial Administration and Infrastructure of Armenia Kristine  Galechyan received Yevgeny Zhukov, Director General of the Asian  Development Bank (ADB) in Central and West Asia.

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ArmInfo. Positive sentiment  regarding a potential swift resolution of the Ukrainian crisis, the  freezing of the Russian- Ukrainian conflict, and the ensuing  negotiations play a significant role in strengthening the ruble. A  similar opinion was expressed by Martin Galstyan, the Chairman of the  Central Bank of Armenia, during a press conference on March 18. 

ArmInfo. The Armenian  government's decision to  place the next tranche of Eurobonds   (totaling $750 million - ed.) is a right step, especially since the  intention to issue them was announced in advance. This was noted by  the Chairman of the Central Bank of the Republic of Armenia, Martin  Galstyan, during a press conference on March 18.

ArmInfo. Վարչապետ Նիկոլ Փաշինյանի գլխավորությամբ տեղի է ունեցել խորհրդակցություն, որի ընթացքում ներկայացվել է Ինտեգրված կադաստրի ստեղծման ռազմավարական ծրագրի հաշվետվությունը՝ 2024 թ.-ին իրականացված աշխատանքները:

ArmInfo. Yerevan, March 18, ArmInfo, Alina Hovhannisyan. Armenia places  special importance on cooperation with the EU and is prepared to  further enhance trade and economic ties in all possible areas and   directions. 

ArmInfo.

ArmInfo.