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Economy

Net inflow of remittances to Armenia from abroad increased by 9.5% in 10 months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.15 billion in January-October 2025, compared to $1.05 billion in January-October 2024, according to a report from the Central Bank of the Republic.

IMF approves new three-year SBA facility for Armenia worth $175 million

The Executive Board of the International Monetary Fund (IMF) approved a new 36-month Stand-By Arrangement (SBA) with Armenia in the amount of SDR 128.8 million (100% of Armenia's IMF quota, or approximately $175 million).

Twelve-month inflation of 3.1% recorded in Armenia in November

In November, the inflation rate over the past 12 months in the Armenian consumer market reached 3.1%, as reported by the Statistical Committee (Armstat).

Armenia’s budget deficit in 2025 will not exceed 5%, and public debt will be within 50% of GDP – Ministry of Finance

At the end of 2025, Armenia's state budget deficit will not exceed 5% instead of the planned 5.5%, resulting in public debt not exceeding 50% of GDP, Armenian Finance Minister Vahe Hovhannisyan announced Wednesday in parliament during the final discussion of the 2026 budget.

EDB forecasts continued high economic growth in Armenia until the end of 2025

According to the EDB, Armenia's economic growth rate will remain high until the end of 2025.

Armenia’s state budget for first 10 months of 2025 executed with a deficit of 229.7 billion drams – Ministry of Finance

Armenia's state budget for the first 10 months of 2025 was executed with a deficit of 229.7 billion drams, compared to a deficit of 211.5 billion drams for the same period last year.

Armenia to Receive €120.5 Million from IBRD for Tourism and Regional Infrastructure Development

At a meeting on Thursday, the Armenian government approved the ratification of a loan agreement with the International Bank for Reconstruction and Development (IBRD) for the €120.5 million tourism and regional infrastructure program in Armenia.

Armenia to introduce cashback system for non-cash purchases

The Armenian government  plans to introduce a cashback system for non-cash purchases starting January 1, 2026.

WB:  food and non-alcoholic beverages were  the main driver of inflation in Armenia in October

In October, Armenia's inflation stabilized at 3.7 percent (yoy), according to the World Bank’s Armenia Monthly Economic Update – October 2025.

Ambulance Service projected to attain  profit of 168 million drams in 2025

Yerevan Mayor Tigran Avinyan announced a significant improvement in the quality of services provided by Ambulance CJSC.

Armenian Ministry of Finance is preparing a concept for changes to tax policy

The Armenian Ministry of Finance is in the process of formulating a concept aimed at revising tax policy.

Armenian government approves $16.5 million grant under  ADB loan program to address housing needs of Karabakh refugees

During a meeting held on Thursday, the Armenian government endorsed a draft presidential decree concerning the grant aspect of the $250 million loan agreement established between Armenia and the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program, which was signed on October 30 of this year.

All benefits and pensions in Armenia will be paid exclusively in non-cash format: Minister

All types of state benefits and pensions in Armenia will be paid entirely in non-cash format, announced RA Minister of Labor and Social Affairs Arsen Torosyan.

Yerevan’s budget revenues for the first 10 months amounted to 70.1 billion drams, with a 97% compliance rate

From January to October 2025, 70.1 billion drams of the planned 72.2 billion drams of Yerevan's budget revenues were actually collected, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Armbanks.am, financial and banking portal, wins Armenia Digital Awards 2025

ARKA news agency's financial and banking portal, Armbanks.am, won the prestigious Armenia Digital Awards 2025 in the Best Website Redesign category.

Foreign investors notably increase their involvement in Armenia’s domestic government debt market

In 2025, the participation of foreign investors in Armenia's domestic government debt market saw a substantial rise compared to 2018, hitting 177 billion drams, as reported by Finance Minister Vahe Hovhannisyan.

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