Armenia raised more than 845 million drams from privatization of state-owned assets in 2022

|

USD

382.09

EUR

442.04

RUB

4.7177

GEL

141.26

Economy

23.05.2023, 19:23

Privatization of state-owned assets raised in 2022 more than 845 million drams, according to the chairman of State Property Management Committee Arnak Avetisyan.

Armenia raised more than 845 million drams from privatization of state-owned assets in 2022

YEREVAN, May 23. /ARKA/. Privatization of state-owned assets raised in 2022 more than 845 million drams, according to the chairman of State Property Management Committee Arnak Avetisyan.

He told the parliament on Tuesday that the funds raised last year were more than two times more than in 2021.

He said also that state stakes in two companies were privatized during that period. ($1 - 386.25 drams). --0-

Construction of "Trump Route" in Armenia to begin in the second half of 2026 – Pashinyan

All details of the TRIPP (Trump Route for International Peace and Prosperity) project are planned to be finalized by the end of this year. The project will be implemented at a very rapid pace, stated Armenian Prime Minister Nikol Pashinyan.

12.11.2025 17:51

1.94 million tourists visited Armenia in the first 10 months, compared to 1.92 million last year

In the first 10 months, 1,947,138 tourists visited Armenia, compared to 1,925,055 tourists in January-October last year, the Tourism Committee reported.

12.11.2025 14:31

Armenia's economic growth is expected to reach 5.4% in 2026, exceeding forecasts – Finance Ministry

Armenia's economic growth is expected to reach 5.4% in 2026, stated RA Finance Minister Vahe Hovhannisyan.

12.11.2025 12:16

Armenia plans to double the basic fee for heavy industry production licenses

Armenia plans to increase the state fee for issuing a heavy industry production license from the current 29-fold base rate to 55-fold.

12.11.2025 11:00

Poverty rate in Armenia by the end of 2024 was 21.7%

According to a report from the Statistical Committee of Armenia, the poverty rate in Armenia, determined using the median line, was 21.7% at the end of 2024.

12.11.2025 10:03

Cargo transportation in Armenia upped by 1.6% over first three quarters, while passenger transportation dropped by 2.4%

The total volume of cargo transportation in Armenia from January to September 2025 reached 12,263.3 thousand tons (over 12.3 million tons), reflecting a 1.6% rise compared to the same period in 2024.

10.11.2025 16:45

Armenia's service sector grew by 9.9% in January-September 2025, reaching 2.9 trillion drams

Armenia's service sector for the period of January to September 2025 grew to 2,949,405.1 million drams (at current prices), reflecting a growth of 9.9% in comparison to the same period in 2024, as reported by the Statistical Committee.

10.11.2025 16:15

Armenia is working to develop renewable energy resources

Work is underway in Armenia to regulate the legal framework for the implementation of energy storage stations, which will lead to the development of renewable energy resources in the country.

10.11.2025 14:57