Economy
Armenia's 1,000 largest taxpayers paid over 459 billion drams in taxes in first quarter
Armenia's 1,000 largest corporate taxpayers paid over 459.3 billion drams in taxes and customs duties in the first quarter of 2025, compared to 409.3 billion drams in the first quarter of 2025, according to the State Revenue Committee.Armenia to allocate 321 million drams for agreement with ICAO and reorganization of Aviation Committee
Armenia plans to sign an agreement with the International Civil Aviation Organization (ICAO), and 321 million drams will be allocated for this purpose, stated RA Minister of Territorial Administration and Infrastructure David Khudatyan.Russia called Yerevan's statements about ceding the concession to operate the railway to Armenia strange
Yerevan's statements about the need to cede the concession to operate the Armenian railway to another country seem strange, Alexey Shevtsov, Deputy Secretary of the Russian Security Council, told reporters.Armenia's accession to the EU could cost the country 23% of GDP – Russian Security Council
According to the most conservative estimates, joining the European Union will cost Armenia approximately 23% of GDP, Deputy Secretary of the Russian Security Council (SC) Alexey Shevtsov told reporters.Middle East crisis could increase economic pressure on Armenia- Russian expert
The ongoing crisis in the Middle East is heightening economic risks for both Armenia and its neighboring countries, according to Professor Vladimir Avatkov, who leads the Department of Middle and Post-Soviet East at the Institute of Scientific Information on Social Sciences of the Russian Academy of Sciences, in an interview with the ARKA news agency.Armenia aims to boost industrial production to 5 trillion drams over the next five years- Pashinyan
Prime Minister Nikol Pashinyan announced that Armenia's industrial output is set to rise by 50%, increasing from the current 3.3 trillion drams to 5 trillion drams, as he unveiled his Civil Contract party's election platform.Average annual GDP growth in Armenia is planned at 6% in the coming years – Pashinyan
The Armenian government aims to achieve an average annual GDP growth of no less than 6% in the upcoming years, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.Armenia's export growth in February driven by more than threefold increase in mining exports – WB
In February, Armenia’s exports and imports rose 37.6 percent (yoy) and 26.9 percent (yoy), respectively, following contractions in January, according to World Bank's Armenia Monthly Economic Update – April 2026.The ‘’Ajapnyak’’ metro station construction project in Yerevan is valued at nearly $300 million
The current economic value of the investment program for the construction of the new, 11th station of the Yerevan Metro, Ajapnyak, is 107.3 billion drams (approximately $287.4 million), announced Anetta Babayan, Advisor to the Mayor of Yerevan.News 1 - 20 of 16326
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