ABNews
News | 2026/10/14 16:05
The World Intellectual Property Organization (WIPO) has published a new ranking of the Global Innovation Index, in which Armenia has secured 59th place: The ranking includes 139 countries.Why this matters. Armenia has maintained its position from the previous year (2025), demonstrating stability in global indicators of innovative potential and technological ecosystem assessment.Key indicators of t...
News | 2026/10/12 14:04
The 2026 Nobel Prize in Economics has been awarded to Robert Hall and Michael Woodford. This was announced by the Nobel Committee:“The Royal Swedish Academy of Sciences has decided to award the 2026 Nobel Prize in Economic Sciences, established in memory of Alfred Nobel, to Robert E. Hall and Michael Woodford for ‘the microeconomic foundations of macroeconomic stabilization’,” the statement reads....
News | 2026/10/12 11:07
At the initiative of the Ministry of Transport of China, a high-level meeting on the Trans-Caspian International Transport Route was recently held in Beijing, attended by a delegation from Armenia. During the meeting, an agreement was signed, according to which Armenia and China will facilitate the process of freight transportation.«Armenpress»- In an interview with the delegation's represent...
News | 2026/10/09 11:27
The State Revenue Committee of the RA presents the remainder of the quota for tariff privileges with a zero percent import duty rate on electric vehicles classified under codes 8703 80 000 3 and 8703 80 000 5, as of October 8, 2026, inclusive.1) The remainder of the quota for entities that are dealer-distributors is 862 units or 75% has been used,2) The remainder of the quota for entities that are...
News | 2026/10/08 12:42
At the meeting of the Government of Armenia on October 8, a decision was made to allocate an additional 7.6 billion drams (over 21.1 million dollars) for the organization and conduct of the 17th Conference of the Parties to the UN Convention on Biological Diversity (COP17):Why this is important. The allocated funds will ensure the proper infrastructure and organizational services for the largest i...
News | 2026/10/08 12:35
At the meeting on October 8, the government decided to revise and establish new criteria for issuing a certificate of lawful taxpayer:Why is this important. The new amendments have raised the allowable threshold for recorded violations, as well as established clear requirements regarding tax losses and the presence of licenses:Main changes to the criteria.Increase in the threshold for violations....
News | 2026/10/08 11:42
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
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...
News | 2026/10/08 11:25
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
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
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
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
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
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
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...
