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Daily Archives: Apr 7, 2020

Entry of foreign citizens into Armenia through border checkpoints prohibited

Economy
The entry of foreign citizens into Armenia through border checkpoints is prohibited regardless of the country of arrival, the press service of the Armenian foreign ministry reported on Tuesday

Over AMD 2.3 billion earmarked in Armenia for lessening COVID 19 negative impacts

Economy
As part of the government’s nine programs to overcome the economic and social consequences of the coronavirus, Armenia has distributed 2.353 billion drams as of April 5, Armenian Prime Minister Nikol Pashinyan said on Tuesday

Yerevan proposes Moscow to sell its natural gas to Armenia for Russian rubles

Economy
Armenia offered Russia to pay for gas in the Russian currency, Armenian Prime Minister Nikol Pashinyan said Monday reporting on the results of his conversation with Russian President Vladimir Putin

Armenian government allocates $ 550,000 for local production of COVID 19

Economy
The Armenian government will provide $ 550,000 to the Institute of Molecular Biology to organize local production of tests for the detection of the coronavirus, Armenian Prime Minister Nikol Pashinyan said on Monday, answering questions from citizens live

Crackdown on corruption and shady dealings have brought $1.1 billion to Armenia’s government budget since 2018 – Pashinyan

Economy
The steps taken by the Armenian government, including those measures aimed at rooting out corruption and shady dealing, have brought $1.1 billion to the country’s budget since 2018 increasing the budget revenue by 40%, Prime Minister Nikol Pashinyan said Monday while answering citizens’ questions in a live broadcast

No illogical and noncompetitive inflation to be seen in Armenia

Economy
Armenian Prime Minister Nikol Pashinyan, answering Monday citizens’ questions in a live broadcast, said that there would be no illogical and non-competitive inflation in the country

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Latest news

Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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