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News | 2026/10/08 11:42

In Armenia, about 24 billion drams allocated to complete the construction of 46 schools

At the meeting of the Armenian government on October 8, a decision was made to allocate about 24 billion drams during 2026-2027 for the "Seismic Safety Improvement Program" implemented with the support of the Asian Development Bank (ADB):Why is this important. The allocated funds will allow completing the construction and reinforcement works for 46 schools planned by the program:Reasons...

News | 2026/10/08 11:38

Increase in pensions: additional budget allocated

At the meeting of the Armenian government on October 8, a decision was made to allocate an additional 40.8 billion drams (about 113 million dollars) to ensure the payment of pensions and benefits in the fourth quarter of 2026.Why this is important. The additional financial allocations will allow for the uninterrupted fulfillment of all social obligations by the end of the year:Reasons for allocati...

Corporate news | 2026/10/08 11:33

Principles of Smart Investment Management

Do you have a clear strategy when making investments? The Armenian Stock Exchange (AMX) has revealed several simple principles that will help make informed investment decisions.1. First, create financial stabilityThe Armenian Stock Exchange (AMX) advises to establish a solid financial foundation before taking on investment risks. Manage your debts, plan a reserve for unexpected expenses, and inves...

News | 2026/10/08 11:25

What to Expect for Online Traders: New Requirement from the Tax Authority

The government has approved a draft decision, according to which, starting from January 1, 2027, electronic trading platforms will be required to provide the Tax Authority with information every month about goods sold from Armenia to other EAEU countries:Why is this important. The regulation concerns sales made by RA organizations and individual entrepreneurs through online platforms to individual...

News | 2026/10/08 11:18

For some citizens of Armenia who received deferment, the age threshold for conscription will reach 32

The Government of Armenia has approved the project presented by the Ministry of Education and Science, which sets the age threshold for mandatory military service for some citizens who received deferment at up to 32 years old:Why this is important. Due to the characteristics of educational and research programs at leading foreign universities, students often do not manage to complete their studies...

News | 2026/10/08 11:15

How much money will be spent on road repairs. New decision

On October 8, the Government made a decision to allocate 8.8 billion drams (about 24 million dollars) for the implementation of road repair works in the republic:Why is this important. The allocated funds are intended for the major repair and restoration of 176.1 km of road sections:Scope of work.Length of roads. 176.1 km:Geography. The works will be carried out on 21 sections of roads:Funding. 8....

News | 2026/10/08 11:05

Armenia and Kyrgyzstan to Tighten Migration Control

On October 8, the Government of Armenia approved the proposal to sign a protocol on the implementation of the agreement between the governments of Armenia and Kyrgyzstan regarding the procedure for visits and stays of citizens, as well as the agreement on readmission.Why this is important. The new agreement clarifies the terms of mutual visits of citizens of the two countries without registration...

News | 2026/10/08 10:59

Over 1.1 billion drams will be allocated for co-financing 23 subvention programs in the regions

On October 8, the Government approved the draft decision to co-finance subvention programs aimed at the development of community infrastructure with 1 billion 153 million drams. The project was presented by the Minister of Territorial Administration Davit Khudatyan:Why is this important. The allocated funds will co-finance 23 subvention programs in 13 communities. With this allocation, the total v...

News | 2026/10/08 10:53

An additional 500 million drams will be allocated to the housing support program for families with children

On October 8, the government decided to allocate an additional 500 million drams to the state housing support program for families with children. The project was presented by Minister of Labor and Social Affairs Arsen Torosyan:The application activity for the program has been higher than expected. The planned annual budget of 2.4 billion drams is being exhausted, and additional funding is required...

News | 2026/10/07 13:54

The social package program is ending: in what direction will the funds be spent

Starting January 1, 2027, the funding for the social package program will cease. Luise Harutyunyan, a representative of the Ministry of Labor and Social Welfare, and Haik Babayan, the acting director of the Health Insurance Fund, presented the details of the changes at a press conference:Why this is important. The social package program, which has around 130,000 beneficiaries annually, will be rep...

Brands and market | 2026/10/07 12:31

US Stock Indices Set New Records. S&P 500 and Nasdaq Reach Historical Highs

On Tuesday, American stock markets recorded growth. S&P 500 (+0.6% to 7818.93) and Nasdaq Composite (+0.45% to 27599.79) set new historical highs. Dow Jones increased by 0.5% (reaching 51521.28 points).Why it matters. The decline in oil prices and government bond yields has eased investor concerns, allowing focus to shift to Q3 earnings reports. According to LSEG forecasts, S&P 500 compani...

International affairs | 2026/10/07 12:25

US Embassy Warns of Possible Plague Case in Irkutsk. Russian Side Denies

In Russia, the US Embassy has issued a warning about a possible case of plague in the Irkutsk region, concerning the death of one person and related quarantine restrictions:What Russian authorities report. The Russian side clarified that the deceased person was found to have pneumonia of unknown origin, and the conducted tests did not detect the plague pathogen:US Embassy's recommendations.Sa...

News | 2026/10/07 11:58

Armenia at the World Travel Awards 2026 in the global nomination. How to vote

The Ministry of Economy informs that Armenia has been nominated in the prestigious category of “World’s Leading Heritage Destination 2026,” gaining the opportunity to receive one of the highest recognitions in the international tourism sector.Armenia's rich history, cultural heritage, and millennia-old traditions are once again presented on the global tourism platform.The voting is open until...

News | 2026/10/07 11:42

Tourism Growth in Armenia. September Figures

In September 2026, Armenia was visited by 290,016 tourists. This was reported by the Minister of Economy of Armenia, Gevorg Papoyan, on his Facebook page:By the numbers.+27%. The September figure is about 27% higher than the same month in 2025:+28%. The growth was about 28% compared to August 2026:Record figure. The September figure became the highest monthly figure for the first nine months of 20...

News | 2026/10/07 11:32

Record Water Reserves in Akhuryan Reservoir for This Time of Year

In the Akhuryan Reservoir — a record water reserve for this time of year, wrote Levon Azizyan, director of the Hydro-Meteorological and Monitoring Center of the RA.“As of October 6, the volume of accumulated water in the Akhuryan Reservoir was 432 million m³. This is the highest figure recorded for this time of year in the entire history of the reservoir's operation,” he wrote.