AGP Executive Report
Last update: 5 hours agoAraratcement & State Control: Prime Minister Nikol Pashinyan says Ararat Cement, linked to opposition figure Gagik Tsarukyan, will “very soon” become state-owned, with a new manager appointed; the plant had been sealed after July 6 raids and then restarted after Economy Ministry talks with management and workers. Inflation Watch: Armenia’s consumer prices rose 5.1% in June year-on-year, led by food (+8.8%) with sharp jumps in meat (+12.5%) and eggs (+29.9%), while education (+8.3%) and healthcare (+3.5%) also climbed. TRIPP Connectivity Push: The U.S. Embassy reports AECOM engineers are surveying TRIPP rail and infrastructure sites; the World Bank and Armenia also reaffirmed cooperation on the €120m TRIP tourism program for regional clusters. Tax & Market Integrity: The State Revenue Committee reported major tax-evasion findings, while EAEU labeling rules show Armenia’s registered producers/importers of labeled goods up 7% in 2025 and violations down 56%. Governance & Social Tools: Pashinyan backed a new “universal income declaration” mechanism allowing citizens to direct donations to NGOs, media, and political parties, aiming to boost transparency and participation. Finance: Armeconombank will place a new USD bond tranche (USD 5m, 5% coupon) from July 9 to Dec 9.
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