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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.From August 1, health certificates and periodic medical examinations will become mandatory for food delivery workers in Armenia
The Food Safety Inspectorate of Armenia will begin full-scale inspections of food delivery service employees starting August 1. Having a health certificate will become mandatory, the agency's press service reported.Armenia's capital market will continue to grow rapidly: Ameriabank top manager
Armenia's capital market will continue to develop rapidly and could become an additional driver of economic growth, Ameriabank's Director of Retail Banking, Arman Barseghyan, expressed this opinion at a press conference on Tuesday.Ardshinbank Ranks No. 1 in Armenia in Direct Tax Payments in H1 2026
According to indicators published by the State Revenue Committee (SRC) of the Republic of Armenia for the first half of 2026, Ardshinbank ranks as Armenia’s No. 1 taxpayer in terms of direct taxes paid and is among the top three largest taxpayers in the country.Pashinyan asked Putin to resolve the issue of restrictions on the export of goods from Armenia to Russia
Armenian Prime Minister Nikol Pashinyan asked Russian President Vladimir Putin to take measures to resolve the issue of restrictions on the export of goods of Armenian origin to the Russian market, the press service of the Armenian government reported.Armenia's foreign trade turnover decreased by 0.1% in January-June 2026, amounting to $9.57 billion
According to current statistics, Armenia's foreign trade turnover in January-June 2026 amounted to $9,570.9 million, down 0.1% from the same period last year, the National Statistical Committee reports.News 1 - 20 of 55642
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