Mher Abrahamyan elected head of Union of Banks of Armenia

At its session on Wednesday, the National Assembly of Armenia ratified a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.

Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.

Armenia plans to bring the procedure for compensating social expenses for citizens who declare their income into line with amendments to the Tax Code, announced Finance Minister Vahe Hovhannisyan.

On February 10, the Armenia Stock Exchange (AMX) executed a government bond placement auction amounting to 20 billion drams, alongside a government bond redemption auction totaling 8.3 billion drams.

As of February 13, 2026, the average market exchange rate for the US dollar against the Armenian dram, established on the foreign exchange market, has dropped by 0.63 points from February 12, now standing at 376.94 drams.