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Daily Archives: Oct 1, 2025

Cashback for pensioners on cashless purchases in Armenia will increase to 20%, according to the minister

Effective January 1, 2026, the cashback rate for pensioners and benefit recipients on cashless transactions for purchases and housing and utility services will rise to 20%, up from the current 12%, as announced by Minister of Labor and Social Affairs Arsen Torosyan.

Сrculation of cash in crypto assets presents  significant risk to  fiscal system, according to Armenia’s Deputy Prime Minister

The circulation of cash in crypto assets is likely to pose a serious threat to the overall fiscal system, stated Armenian Deputy Prime Minister Mher Grigoryan.

Net remittance inflow to Armenia from overseas rose by 12.5% over 8 months

According to a report from Armenia's  Central Bank, the net inflow of private money transfers to Armenia from abroad via the banking system during January to August 2025 reached $889.3 million, an increase from $790.7 million during the same period in 2024.

Acba Bank supports establishments of more than 1,240 hectares of intensive gardens

In Armenia, over 225,000 individuals are involved in agriculture; however, the impacts of climate change are presenting significant challenges, including water shortages, droughts, and hailstorms.

Central Bank of Armenia issues gold collector  coin for 150th anniversary of Avetik Isahakyan’s birth

On October 1, 2025, the Central Bank of Armenia issued a gold collector coin "The 150th Anniversary of Avetik Isahakyan's Birth," the regulator's press service reported.