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ArmInfo.The Armenian government proposes to tighten rules for manufacturers and importers of tobacco  products. The NA Standing Committee on Economic Issues discussed the proposed amendments to the Code on Administrative Offenses in the second reading at an extraordinary meeting on May 12.

ArmInfo. The average market price of apartments in the regions of Armenia increased by 12.9% per  annum in the first quarter of 2025, reaching 162.3 thousand drams / 1 sq.m.

ArmInfo. On May 7, an extraordinary concert featuring the world-renowned Belgian group Hooverphonic and the Armenian National Philharmonic Orchestra took place at the Aram Khachaturian Concert Hall under the sponsorship of AraratBank. The event was held in partnership with the Embassy of the Kingdom of Belgium in Armenia as part of the Philharmonic Orchestra's centennial celebration.

ArmInfo.  In Armenia's foreign trade, transactions involving precious metals and stones have seen a decline since 2025, totaling 21.6% ($967.6 million)  in the first quarter, compared to 66.1% ($6.5 billion) a year earlier. This category of goods has been the main factor contributing to the deterioration in the annual dynamics of the country's foreign trade turnover, which dropped from 212% growth to a 54.2% decline. According to the RA Statistical Committee, in the first quarter of 2025, the share of imports and exports of precious metals and stones in the total trade turnover decreased to 15.7% and 31.3%,  respectively, compared to 59.4% and 74.2% in the same period last year.

ArmInfo.  In the first quarter of 2025, the average market price of real estate in apartment buildings in Yerevan increased by 1.5%, reaching an average of 464.3 thousand drams / 1 sq. m.

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ArmInfo. In Armenia, the per capita debt burden exceeded $4.4 thousand by April 1, 2025 (compared to $4 thousand a year earlier), showing a growth rate of 10%.  Moreover, the per capita debt burden from external debt increased from $2.1 thousand to $2.3 thousand (a 9.5% increase), and from  internal debt it rose from $1.9 thousand to $2.1 thousand (a 10.5% increase). This increase occurred as the population growth in Armenia slowed down over the year by 1.4% or  41.4 thousand people, reaching 3.081 million people by April 1, 2025. In comparison, the previous year saw a lower growth rate in the per capita debt burden of 8%, accompanied by a more significant population growth of 3.4% or 98.2 thousand people. 

ArmInfo. The Ministry of Economy of Armenia has submitted a draft law "On Investments" to the public. The relevant initiative has been posted on the unified portal of legal acts. As stated in the explanatory note to the document, the investment policy is currently implemented on the basis of outdated and partially applied legal acts, in particular, the Law "On Foreign Investments" adopted in 1994, and does not ensure full regulation of the investment process in accordance with modern requirements. 

ArmInfo.  The Ministry of Economy of Armenia proposes to create a Textile Industry Operator Fund, which will be entrusted with the functions of the industry operator. The relevant initiative is posted on the unified portal of legal acts.

ArmInfo.  The second stage of the service quality improvement program was held at Ameriabank, where the invited trainer was Aneta Korobkina, a certified emotional intelligence coach (MSCEIT, USA) and a certified service master trainer (Service Quality Institute, USA).

ArmInfo.  May 5 to 8, 2025, in Armenia's interbank foreign exchange market, USD transactions showed a decline, while RUB ones showed a growth, with no EUR transactions  effected for two months. RUB transactions showed a 64.3% growth against a 22.2% decline the previous week USD transactions showed a 38.2% decline.. The total amount of RUB transactions exceeded that of USD transactions 1.3-fold, whereas the total volume of USD transactions exceeded that of RUB ones 2- fold. 

ArmInfo. The information and communication technology (ICT) sector in Armenia grew by 9% annually in Q1 (compared to 17.3% growth the previous year), resulting in revenue of 284.1 billion drams ($718.5 million).

ArmInfo. In Armenia, the service sector  saw a significant   annual growth rate increase from 5% to 11.5%, generating revenue of 865.3 drams ($2.2 billion) in the first quarter of 2025. According to  data from the RA Statistics Committee, in March alone, the revenue of the service sector also saw an  11.5% increase, reaching 309.2 billion drams ($787.1 million).

ArmInfo. On May 8, the Government of Armenia approved the establishment of the free economic zone (FEZ)  in the Yegipatrush settlement  in the Aragatsotn region.

ArmInfo.  Industry courses will be organized within the framework of the Indian Technical and Economic  Cooperation (ITEC) program for 2025-2026.

ArmInfo.  "Electric Networks of Armenia" CJSC is currently carrying out an investment program to upgrade the power supply network in the center of Yerevan.

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