Turnover in IT sector grew 50% in 2022 – Armenia’s PM

PanARMENIAN.Net - Turnover in the IT sector in 2022 increased by more than 50% in Armenia, Prime Minister Nikol Pashinyan said in his remarks at the forum Digital Almaty Awards in Kazakhstan Friday, February 3.

For Armenia, the development of the digital economy has been and remains one of the most important priorities, Pashinyan said.

“The turnover in the IT sector of the Republic of Armenia in 2022 increased by more than 50%, while the share of the information technologies and communications sector in Armenia's GDP is consistently growing,” the PM said.

“For our part, we provide sectoral state support to IT businesses. Last year, more than 1,000 startups received significant tax breaks.”

At the same time, he added, the formation of a single digital space on the territory of Eurasian integration remains important for Yerevan.

“In this context, I would like to note the relevance and high demand for the tools of the interstate information exchange system, the creation and development of digital projects with an integration effect,” Pashinyan noted.