AGP Executive Report
Last update: 4 hours agoNuclear Energy & Infrastructure: Armenia’s government says it’s not rushing the choice of a builder for a future small modular reactor. The decision is only on the reactor type, with proposals on the table from the US, France, Russia, South Korea and China, while the current Armenian NPP is expected to run until at least 2036. Construction & Urban Transport: Yerevan Municipality plans a tender to select a firm for technical supervision of the Ajapnyak metro station project, estimated at $287.4m, with initial 2026 budget tranches of 2 billion drams and a four-year construction timeline. Water & Energy Security: Armenia reports high reservoir fullness after heavy precipitation, while the Vedi and Kaps reservoir projects move forward; the Kaps design is being finalized after a contractor was replaced due to delays. Macroeconomy: The World Bank kept Armenia’s GDP growth forecast at 5.3% for 2026 and 5.1% for 2027. Agri-Exports & Trade: Rosselkhoznadzor extended Russia’s quarantine-related import bans on Armenian goods, pressuring exporters as Armenia simultaneously expands subsidies to diversify sales beyond Russia. Banking & Digital Services: Armeconombank reported 2025 profit up 39% to AMD 12.6bn, highlighting new products and digital integrations like imID in its mobile app.
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