In January, pensioners and benefit recipients in Armenia received 33.3 billion drams in cashback

YEREVAN, February 6. /ARKA/. In January 2026, pensioners and benefit recipients in Armenia received 33.3 billion drams in cashback for non-cash payments, announced Minister of Labor and Social Affairs Arsen Torosyan.

“400,572 people are using the program,” Torosyan said while presenting the Ministry of Labor and Social Affairs’ 2025 activity report to Prime Minister Nikol Pashinyan on Friday.

According to the data presented by the minister, the volume of non-cash transactions under the program as of January 2026 amounted to approximately 359.7 billion drams.

spot_img

POPULAR

Armenia could become a platform for implementing insurance technologies and AI solutions: head of the Bureau of Motor Insurers

Armenia could become a practical platform for testing and implementing modern insurance technologies and solutions based on artificial intelligence.

Head of the Central Bank of Armenia sees no reason to panic over the depreciation of the dram

In the current situation in Armenia, there is no reason to panic over the depreciation of the dram, says Martin Galstyan, head of the Central Bank of Armenia.

Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.

Euro and dollar exchange rates against the Armenian dram have increased again, while the ruble has weakened again: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 2, 2026, increased by 0.18 points compared to June 1, reaching 368.53 drams.

Head of Central Bank discusses the future of banks, the digital dram, and whether public debt allows one to sleep peacefully at night

The Chairman of the Central Bank of Armenia, Martin Galstyan, was a speaker on the Rearrange podcast. The conversation covered a variety of topics, including the prospects of the banking system, the possibility of introducing a digital currency in Armenia, and the topic of public debt.

LATEST NEWS

spot_imgspot_imgspot_img