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Pashinyan admitted to making $2 billion financial demands on Russia in the context of the South Caucasus Railway issue
Armenia may reconsider the terms of providing Russia with a number of resources and services that were previously free, stated Armenian Prime Minister Nikol Pashinyan, commenting on the opposition's statements about a possible tariff increase in the context of the situation surrounding the South Caucasus Railway.650 million drams will be allocated for the completion of the Vedi Reservoir project in Armenia
Around 650 million drams are planned to be allocated for the final completion of the Vedi Reservoir project in 2026, announced Armenian Minister of Territorial Administration and Infrastructure David Khudatyan.Former Finance Minister Names Key Risks to Armenia's Rating Following Fitch's Decision (EXCLUSIVE)
Fitch Ratings recently affirmed Armenia's sovereign rating at 'BB-' with a positive outlook, citing growing international reserves, resilient economic momentum, and reduced short-term risks of military escalation thanks to the US-backed peace framework with Azerbaijan.About two-thirds of Armenia's residents remain poor or vulnerable: World Bank identifies key reasons
The poverty rate in Armenia, according to the national methodology, decreased from 26.5% in 2021 to 21.7% in 2024, but about two-thirds of the population remains poor or economically vulnerable, said Armine Manukyan, Senior Economist at the World Bank.Armenia and Iran may double gas and electricity supplies – Khudatyan
Armenia and Iran have reached a verbal agreement to expand the "gas for electricity" program, which could at least double in volume, stated RA Minister of Territorial Administration and Infrastructure David Khudatyan.World Bank has identified the main risks and opportunities for the Armenian economy
A possible increase in tensions between Armenia and Russia could negatively impact not only trade but also the overall socioeconomic situation in the country, said Armine Manukyan, Senior Economist at the World Bank (WB).Public hearings were held in Armenia on the draft resolution recognizing 100% of ENA shares as an object of public interest
Public hearings were held at the Ministry of Territorial Administration and Infrastructure of Armenia on the draft RA government resolution "On recognizing 100% of the shares (stake) of Electric Networks of Armenia (ENA) CJSC as an object of primary public interest."Dilijan Named Best International Destination for Business Events at the MICE Excellence Awards for the Second Consecutive Year
Dilijan has once again strengthened its position as a leading international MICE (Meetings, Incentives, Conferences and Exhibitions) destination, winning the Best International Destination for Business and Corporate Events award at the prestigious MICE Excellence Awards for the second consecutive year.World Bank has lowered its forecast for Armenia's economic growth in 2026 from 5.9% to 5.3% due to the conflict in the Middle East
The World Bank forecasts Armenia's economic growth to be 5.3% in 2026 and 5.1% in 2027, said Armine Manukyan, Senior Economist at the World Bank office.News 1 - 20 of 55653
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