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News
Armenia is getting closer to receiving market economy status from the US, but the wait is still long — business consultant
4+ hour, 48+ min ago (250+ words) Arka.am Armenia is significantly closer to receiving market economy status from the US than it was in the early 2000s However, to achieve this, it will require a comprehensive and detailed assessment of its economic system This opinion was expressed…...
Manasaryan: Amulsar, AI center, and Trump Route project alone will not ensure 5% economic growth for Armenia
5+ day, 6+ hour ago (339+ words) Arka.am Large investment projects such as the development of the Amulsar mine, the construction of an artificial intelligence data center, and the implementation of the Trump Route project will have a positive impact on Armenia's economy, but they alone…...
Fitch rating does not eliminate main threats to Armenian economy - Manasaryan
5+ day, 9+ hour ago (676+ words) YEREVAN, July 22. /ARKA/. Fitch Ratings' affirmation of Armenia's "BB-" rating with a "positive" outlook is overly optimistic, as the sustainability of the peace process with Azerbaijan remains uncertain and the country's economy faces serious structural and external risks. This opinion…...
Armenia relies on AI and innovative industry - Pashinyan
3+ week, 2+ hour ago (253+ words) Arka.am Prime Minister of Armenia Nikol Pashinyan announced the growth of industry and a focus on innovative development âThe industry of Armenia has shown stable growth in recent years In 2025, the growth in industrial output compared to 2024 was…...
Head of Central Bank noted an acceleration in GDP growth and an increase in tax revenues in 2025
1+ mon, 2+ week ago (326+ words) Arka.am Economic growth in Armenia has accelerated in 2025, and tax revenues have increased, stated Martin Galstyan, Chairman of the Central Bank of Armenia According to him, when preparing the conclusion on the execution of the Armenian state budget for…...
Risk of 30% price correction in Armenia's real estate market has not materialized – Central Bank Governor
1+ mon, 3+ week ago (218+ words) Arka.am The risk of a price correction of up to 30% in Armenia's real estate market, which the Central Bank of Armenia mentioned several quarters ago, has not materialized, stated regulator Chairman Martin Galstyan "Currently, market data suggests that even…...
Armenia to Receive €12 Million from the French Development Agency for Water and Agricultural Sector Development
1+ mon, 3+ week ago (196+ words) Arka.am At a meeting on Thursday, the Armenian government approved a proposal to sign a grant agreement with the French Development Agency (AFD) for â¬12 million The funds will be used for the "Integrated Development of the Water and…...
Exports without an alternative: Businesses and experts criticize the gap between Armenia's export strategy and budget requests
1+ mon, 3+ week ago (815+ words) YEREVAN, June 3. /ARKA/. The issue of diversifying Armenian exports has become a key topic in Armenia's economic policy in recent years. Amid periodic restrictions on the export of certain Armenian goods to Russia, authorities have declared the need to expand…...
Rosselkhoznadzor to temporarily restrict imports of tomatoes, cucumbers, peppers, and strawberries from Armenia
1+ mon, 4+ week ago (431+ words) Arka.am Rosselkhoznadzor will temporarily restrict the import of fresh tomatoes, cucumbers, peppers, green vegetables, and strawberries originating and shipped from Armenia, effective May 30, 2026, until an appropriate algorithm is developed to ensure the safety of shipped products As noted on…...
ARKA News Agency Awarded Gold Medal and Certificate of Honor by the Union of Industrialists and Entrepreneurs of Armenia
2+ mon, 2+ week ago (331+ words) Arka.am ARKA News Agency has been awarded a gold medal and a certificate of honor by the Union of Industrialists and Entrepreneurs of Armenia (UIEA) for its consistent and in-depth coverage of domestic and international economic affairs, as well…...