Bulk of foreign investments in Armenia arrive from Canada, Russia, Switzerland and France

YEREVAN, July 23. /ARKA/. The bulk of foreign investments in Armenia in the first half of this year arrived from Canada, Russia, Switzerland and France, economy minister Tigran Davtyan said today.

He said Canadian investments amounted to  $43.7 million, Russian – to $27 million, the Swiss invested  $21.5 million and the French  $20.4 million.
The minister said the overall data for the first half was not available yet. He said the picture will clear only by September.

According to Arnstat, foreign investment in the real sector of Armenia in January-March 2012 contracted by 55.5%  compared to the same period of 2011 to $100.5 million (loans obtained by the government and banks not counted)  -0-

spot_img

POPULAR

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.

Sona Ishkhanyan elected Chairperson of Acba Bank Board

Sona Ishkhanyan has been elected as Chair of the Acba Bank Board.  

Armenia’s gross reserves rose to $5.5 billion in March, providing 4.1 months of import coverage – WB

Gross reserves in Armenia increased to $5.5 billion at the end of March, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."

Armenian commercial banks paid 28.65 billion drams in various taxes in Q1

All 17 Armenia-based commercial banks are included in the list of the 1,000 largest taxpayers in the first quarter of 2026, having paid a total of 28.65 billion drams to the state budget, according to data released today by the State Revenue Committee.

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

LATEST NEWS

spot_imgspot_imgspot_img