ArmInfo.

ArmInfo.

ArmInfo.As of today, hail has damaged 8.7 thousand hectares of agricultural land. This was reported  in Parliament on June 11 by Deputy Minister of Economy of Armenia in charge of agriculture Arman Khojoyan.

ArmInfo.Five small reservoirs are planned to be built in Armenia.  This was stated by the Minister  of Territorial Administration and Infrastructure of the Republic of Armenia David Khudatyan during the discussions in the country's parliament on the implementation of the 2024 state budget on June 11.

ArmInfo. In January-April 2025, 9,729 children were born in Armenia, which is 7.3% lower than the same period last year. The birth rate per 1,000 inhabitants for the reporting period was 9.6 per mille, compared to 10.5 per mille a year earlier. This is evidenced by the data of the RA Statistical Committee.

ArmInfo.

ArmInfo. On June 10, Foreign Minister of Armenia Ararat Mirzoyan had a meeting with Rafael Mariano  Grossi, Director General of the International Atomic Energy Agency (IAEA). The meeting took place on the sidelines of the third UN Ocean Conference in Nice.

ArmInfo. Due to the recent accumulation of freight carriers at Georgian checkpoints, the   Armenian Customs Service has announced a temporary ban on Armenian  trucks crossing the Armenian-Georgian border, as noted in a statement  from the State Revenue Committee (SRC).  According to the source, the  measure, which is being implemented to support business entities, is  only temporary and will remain in place until the capacity issue  on  the Georgian side is resolved.

ArmInfo. The Central Bank of  Armenia has been tasked with creating a regulatory framework for the  crypto assets sphere within a 1.5 year buffer period, as stated by  the Chairman of the Central Bank of the Republic of Armenia, Martin  Galstyan, during a press conference on June 10.  He clarified that  the relevant by-laws will be developed during this period: "The  by-law framework will specify the types of companies/organizations,  types of licenses, amounts,  and more."

ArmInfo. During the year, there  has been a significant appreciation of the ruble, indicating changes  in the exchange rate of the Armenian dram / Russian ruble, as noted  by the Chairman of the Central Bank of Armenia, Martin Galstyan,  during a press conference on June 10.  He also noted that inflation  in Russia remains higher than in Armenia. "Due to these two factors,  we see that the Armenian dram has weakened against the Russian ruble,  and Russia is our main trading partner," he noted.

ArmInfo. The moratorium on  credit obligations for citizens who have become victims of fraud,  initially set at 3-5 years by banks, will now be extended until a  court verdict is reached in each individual case. Martin Galstyan,  Chairman of the Central Bank of Armenia, announced on June 10 during  a press conference, citing an agreement reached with the banks, who  will provide further details in the upcoming days.

ArmInfo. Prime Minister Nikol  Pashinyan received participants of the IGorts program, which aims to   attract Diaspora specialists to work  in the state administration  of  the Republic of Armenia.

ArmInfo.

ArmInfo.Economic growth in  Armenia is returning to its potential, as stated by  Chairman of the  Central Bank of the Armenia, Martin Galstyan during a press  conference on June 10 in response to a question what can be expected  in Armenia's banking system  and the economy, given the negative  trends observed this year,  particularly in foreign trade and  industry. 

ArmInfo.  Deputy Prime Minister of Armenia Mher Grigoryan will participate in the St. Petersburg International Economic Forum (SPIEF) - 2025, an ArmInfo correspondent  was told in the office of the Deputy Prime Minister. The forum is  scheduled to take place from June 18 to 21, 2025 in St. Petersburg.

ArmInfo. Compared to 2018, funding for science in Armenia has increased by 280%, reaching 40.2 billion drams (as of 2024), as reported by Minister of Education, Science, Culture and Sports Zhanna Andreasyan in Parliament on June  10.

ArmInfo. Prime Minister Nikol Pashinyan chaired a meeting where conceptual issues regarding tax policy were discussed.

ArmInfo.

ArmInfo. Armenia's foreign trade with the EAEU is declining, while with the EU it is gaining momentum. Specifically, the foreign trade turnover between Armenia and the EAEU  has shifted from an impressive 3-fold growth to a noticeable decline of 61.5% in annual dynamics, while between Armenia and the EU the dynamics show a growth of  4.8%  (compared to a 24.3% decline a year ago). As a result, the volume of Armenia's foreign trade with the EAEU in January-April 2025 amounted to $2.3 billion, and with the EU - $729.3 million, according to data from  the RA Statistical Committee. Among the EAEU countries, almost all (with the exception of the Russian Federation to a significant extent) reduced volumes,  while among the EU countries, the majority preferred to increase volumes. These countries include the Netherlands, Bulgaria, France, Romania, Austria, Spain, Slovakia, Finland, Poland, Greece, Hungary. This change in  annual dynamics led to a decrease in the share of the EAEU in the structure of Armenia's foreign trade from 44.8% to 36.6% (with the Russian Federation decreasing from 44.1% to 35.1%), while  the EU's share increased from 5.2% to 11.6%. The top five trading partners of Armenia are Russia, China, the UAE, Iran and Germany, with foreign trade volumes for January-April 2025 amounting to $2.2 billion, $765.6 million, $729.5 million, $222.7 million and $140 million, respectively. 

ArmInfo. Deputy Prime Minister Tigran Khachatryan received a delegation led by Frederik De Wilde, President of Philip Morris International for South and Southeast Asia, CIS, Middle East and Africa. The meeting was also attended by Minister of High-Tech Industry Mkhitar Hayrapetyan.