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November 02, 2026
Armenia's state social programs in 2027: compensation for Soviet deposits, support for the elderly and children
The draft state budget of Armenia for 2027 provides for increased funding for programs to compensate for Soviet deposits, as well as support for children, the elderly, and persons with disabilities, announced RA Minister of Labor and Welfare Arsen Torosyan.In Armenia, more than 8,900 families displaced from Artsakh have received housing certificates: Ministry of Labor
As of November 2, 2026, 8,923 certificates have been issued under the state housing program for displaced persons from Nagorno-Karabakh, of which 5,279 have been sold, reported RA Minister of Labor and Welfare Arsen Torosyan.Armenia's tax revenues increased by 14.5% in the first 10 months, exceeding 2.5 trillion drams – State Revenue Committee head
Tax revenues and state duties in Armenia for January-October 2026 amounted to 2 trillion 566.1 billion drams, reported Eduard Hakobyan, Chairman of the State Revenue Committee (SRC).Papoyan commented on Russian restrictions, the threat of Armenia's withdrawal from EAEU, and forecasts for gas prices and GDP
Armenian Economy Minister Gevorg Papoyan called forecasts of a more than 15% decline in the country's GDP in the event of its withdrawal from the Eurasian Economic Union (EAEU) erroneous.Tax revenues in Armenia are projected to reach 25.4% of GDP in 2027 – Galstyan
The ratio of tax revenues to GDP in Armenia in 2027 is projected to be 25.4%, which is approximately 0.6 percentage points higher than the expected figure for 2026, announced Martin Galstyan, Chairman of the Central Bank of Armenia.Central Bank of Armenia warned of significant external and internal risks for the economy and the 2027 state budget
Significant geopolitical and economic uncertainty continues to create significant external and internal risks for economic growth, tax revenues, public expenditure execution, and financing conditions in Armenia, stated Central Bank of Armenia Governor Martin Galstyan.Armenia's re-export volume is at its lowest since 2022 - Vahe Hovhannisyan
The decline in Armenia's exports is due, in part, to the fact that the volume of re-exports this year is at its lowest level since 2022, stated RA Finance Minister Vahe Hovhannisyan, presenting the draft state budget for 2027 to parliament.Armenian government estimates the country's economic growth potential at 5-5.5% — Galstyan
According to the Armenian government, the country's economic growth potential has increased in recent years and stands at 5-5.5%, stated Central Bank of Armenia Chairman Martin Galstyan, presenting the regulator's conclusion on the draft state budget for 2027 to parliamentHead of Central Bank of Armenia warned of the risks of an increasing share of royalties and health insurance premiums in tax revenues
The growing role of certain sources of tax revenue, in particular royalties and health insurance premiums, poses risks to the medium-term sustainability of Armenia's fiscal policy, stated Martin Galstyan, Chairman of the Central Bank of Armenia.Armenia's Ministry of Finance Revises Global Price Forecasts for Metals, Oil, and Food
The Armenian Ministry of Finance has revised its earlier forecasts for global prices of metals, oil, and food, said RA Finance Minister Vahe Hovhannisyan while presenting the draft 2027 state budget to parliament.Armenia's economy to grow by 5.8% in 2027 - Finance Ministry forecast
Armenia's economic growth is projected at 5.6% in 2026, 5.8% in 2027, and similar growth rates in subsequent years, RA Finance Minister Vahe Hovhannisyan announced in parliament while presenting the draft state budget for 2027.Over 350,000 pensioners received medical care through insurance: Pashinyan announced state budget expenditures on healthcare
Funding for healthcare in Armenia is planned to increase by 319% in 2027 compared to 2017, or approximately 4.2 times, announced Prime Minister Nikol Pashinyan.News 1 - 20 of 21
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