#ECONOMY
Armenia's foreign trade turnover for the first 11 months has dropped by 33.2%, totalling $18.9 billion. Russia is at the forefront, with China and the UAE following closely behind
The volume of Armenia's foreign and mutual trade from January to November 2025, in comparison to the same timeframe in 2024, has decreased by 33.2%, reaching $18,908,366.3 thousand, as reported by the Statistical Committee.Economic activity growth in Armenia has surpassed expectations over the past 10 months – WB
The cumulative growth of economic activity in Armenia from January to October 2025 has reached 8.1% on an annual basis, continuing to exceed initial forecasts, as reported in the World Bank’s "Armenia Monthly Economic Update - November 2025" report.Implementation of reforms to improve business environment and labor market could boost growth, says IMF Resident Representative in Armenia
In an interview with the ARKA news agency, Mr. Umang Rawat, the IMF Resident Representative in Armenia, discusses the significant events of the outgoing year that have greatly affected the country's economy and offers his insights on what lies ahead.Armenia and Switzerland discuss expanding economic cooperation and GSP regime
On Wednesday, Minister of Economy Gevorg Papoyan and the new Swiss Ambassador to Armenia, Andrea Barbara Baumann, discussed expanding economic cooperation and the application of the preferential trade regime (GSP).Armenian government will adopt economic policy doctrine in 2026 – Pashinyan
The Armenian government is set to approve an economic policy doctrine, when it holds its first meeting in 2026, Prime Minister Nikol Pashinyan announced last Saturday while addressing the second conference on improving the business environment through dialogue in the resort town of Jermuk.Economy ministers discussed cooperation between Armenia and Georgia in transport and logistics
Armenian Minister of Economy Gevorg Papoyan, currently on an official visit to Tbilisi, engaged in discussions with Georgian Minister of Economy and Sustainable Development Mariam Kvrivishvili on Wednesday.Armenia and Germany discuss prospects for developing trade and economic relations
A meeting of the Intergovernmental Commission on Financial and Technical Cooperation between Armenia and Germany was held yesterday in Berlin, co-chaired by RA Minister of Economy Gevorg Papoyan and State Secretary of the German Ministry of Economic Development and Cooperation Niels Annen.Armenian SRC uncovers 325 billion drams of shadow tax revenue in nine months
Eduard Hakobyan, the head of the State Revenue Committee (SRC), revealed that around 325 billion drams of concealed tax revenue were identified in Armenia during the first nine months of this year, marking a 97% increase compared to the same timeframe in 2024.Papoyan: Armenia asked Russia to extend the period of stay for foreigners in its territory
The Armenian government has formally approached the Russian government with a suggestion to raise the legal limit on the duration of stay for foreigners in the Russian Federation from 90 days (per calendar year) to 180 days, announced Minister of Economy Gevorg Papoyan during a parliamentary session on Tuesday.IMF: Armenia's GDP growth projected to reach 5% in 2025, with inflation expected to align with the Central Bank's target
The real GDP growth in Armenia is anticipated to hit 5% in 2025 and 5.5% in 2026, while inflation is expected to remain close to the target set by the Central Bank of Armenia by the end of 2025.Armenia has already purchased 192,000 tons of grapes this year, says Economy Minister
One of the key processes of the agricultural season in Armenia—grape procurement—is nearing completion. To date, 192,000 tons of grapes have already been purchased, Economy Minister Gevorg Papoyan announced on Facebook.Armenia needs to shift from "subsidizing sustainability" to "investing in innovation," says Director of Management Consulting at Ameria
To foster economic growth in Armenia, a transition from "subsidizing sustainability" to "investing in innovation" is essential, according to Tigran Jrbashyan, Director of Management Consulting at Ameria and Head of the National Team for the Global Entrepreneurship Report.News 1 - 20 of 606
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