Arminfo.info


 Monday, March 30 2026 16:30
Aline Grigoryan

Financial power overtaking ideology in Armenian electoral  landscape-expert

Financial power overtaking ideology in Armenian electoral  landscape-expert

ArmInfo.Elections in Armenia today have become not a battle of political ideas, but a battle of financial resources, which political forces use to attract voters, as stated by public finance management specialist Artak  Kyurumyan  at a press conference titled "Who Finances Politics? Risks Ahead of Elections." in Yerevan.

In this vein, the expert touched on the changes that came into effect  in 2024, according to which the threshold for donations to the  election fund has increased from 2.5 million drams to 10 million  drams, and the new reporting form only contains the first and last  name. Kyurumyan noted that these changes could have negative  consequences, as the National Assembly of Armenia has many people  with identical first and last names, making it difficult to identify  donors. "That's why other data exists to identify a person, and in  this sense, just having a first and last name creates problems," he  noted.

Te expert noted that higher limits open the door for "shadow sums" to  penetrate the political process, creating volatility for both the  ruling party and the opposition,s financial flows could spiral out of  control.  "Essentially, it creates a problem with monitoring income  and expenditures, meaning there's no way to ensure that we're dealing  with a fair political struggle in the elections," the expert noted.

I this regard, he called for attention to who initiated the increase  in the donation threshold, recalling that the initiative came from  the ruling Civil Contract party. Kyurumyan noted that such actions  raise doubts, raising questions about the possible hidden agendas of  these decisions. "Businessmen often finance the authorities to secure  future loyalty from state structures," Kyurumyan explained. "This  suggests a hidden financial benefit or a pre-arranged agreement with  the government. Of course, funding issues also affect other political  forces, but I focus specifically on the government, since they manage  public finances."

According to the expert, investigative journalism plays a significant  role in this context, as it, unlike the agencies responsible for it,  uncovers such cases. As Kyurumyan noted, a lack of attention to this  issue could lead to a loss of public confidence in the fairness of  elections. "In essence, people see that elections have long ceased to  be a battle of ideologies, but have become a battle of financial  resources. In 2018, the people of Armenia, when making their choice,  rejected the old, unfair governance and strove for justice.  However,  since the people were unable to achieve this, their disappointment  became so great that elections have now become an arena for a battle  of financial resources, used by political forces to attract voters.   Therefore, in these elections, we expect maximum use of communication  technologies to motivate voters to vote for one force or another,"  the expert believes.

Speaking about what needs to be done in this case, Kyurumyan noted  that changes are necessary. He said the country must not ignore a  number of challenges facing it, and political forces must not simply  propose something in the ideological struggle, but also explain how  to implement these proposals to voters and provide financial  accountability.

In turn, political scientist Tigran Mugnetsyan, added that the new  system fosters dangerous dependencies.  Under the 2024 rules,  donations are routed through parties before reaching election funds,  effectively masking the original source of the money from the voter.

Furthermore, data regarding donors will only be made public the  following year-long after the ballots are cast. "Transparency is only  achieved if a voter knows who is funding a party before they vote,"  Mugnetsyan stated, adding that the law was passed without adequate  public debate. "The problem is also that there has been no adequate  discussion of these changes, and no justification has been provided  for the imperative reasons behind them. It turns out that these  changes open up opportunities for those who currently have  significant financial resources," Mugnetsyan concluded.  

POST A COMMENT
Input digits     

News
Constitutional court concludes first session on election petitionsConstitutional court concludes first session on election petitions
Hay Dat Central Council: Pashinyan`s desire to close the Artsakh  issue is an effort to conceal eight years of policy failures Hay Dat Central Council: Pashinyan`s desire to close the Artsakh  issue is an effort to conceal eight years of policy failures 
Opposition supporters protest outside Constitutional Court to defend  votes of Armenian citizensOpposition supporters protest outside Constitutional Court to defend  votes of Armenian citizens
Health of the Nation: India has made significant progress in safe childbirth and child vaccinationsHealth of the Nation: India has made significant progress in safe childbirth and child vaccinations
EU Commission President to visit Azerbaijan and Armenia on July 1-2EU Commission President to visit Azerbaijan and Armenia on July 1-2
 Zakharova: Armenia`s pro-EU pivot poses economic security risks to  EAEU member states Zakharova: Armenia`s pro-EU pivot poses economic security risks to  EAEU member states
RA MIA refutes fake reports of  expected strong earthquake in Kotayk  regionRA MIA refutes fake reports of  expected strong earthquake in Kotayk  region
Armenian students win six medals at  Balkan Mathematical OlympiadArmenian students win six medals at  Balkan Mathematical Olympiad
Ameriabank Raises USD 50 Million from OPEC Fund for International Development to boost SME Financing in ArmeniaAmeriabank Raises USD 50 Million from OPEC Fund for International Development to boost SME Financing in Armenia
Armenian experts,  leading Turkish think tanks discuss prospects for  expanding cooperation Armenian experts,  leading Turkish think tanks discuss prospects for  expanding cooperation 
CIS Secretary General: Stabilizing post-election situation in Armenia  appears likelyCIS Secretary General: Stabilizing post-election situation in Armenia  appears likely
Armenian court lifts travel restriction for Father Garegin Arsenyan,  abbot of Saint George Monastery in MughniArmenian court lifts travel restriction for Father Garegin Arsenyan,  abbot of Saint George Monastery in Mughni
Armenia reports increase in female drug addiction casesArmenia reports increase in female drug addiction cases
AraratBank Summarizes 2025 Results at the Annual General Meeting of Shareholders AraratBank Summarizes 2025 Results at the Annual General Meeting of Shareholders 
Proposed Kond district reconstruction model combines historical  preservation,economic development, and cultural vitalityProposed Kond district reconstruction model combines historical  preservation,economic development, and cultural vitality
Mane Tandilyan: Legitimacy concerns regarding Nikol Pashinyan to  escalate, creating new challenges for ArmeniaMane Tandilyan: Legitimacy concerns regarding Nikol Pashinyan to  escalate, creating new challenges for Armenia
In Armenia, 52.7% of registered drug trafficking cases are solved –  MIAIn Armenia, 52.7% of registered drug trafficking cases are solved –  MIA
Tbilisi to host Armenian Culture  Days in JulyTbilisi to host Armenian Culture  Days in July
Armenian Ex- FM: Government`s reliance on security structures creates  a serious legitimacy problem Armenian Ex- FM: Government`s reliance on security structures creates  a serious legitimacy problem 
Kazakhstan, Azerbaijan and Georgia are working on the creation of a unified long-term tariff model within the development of the Middle CorridorKazakhstan, Azerbaijan and Georgia are working on the creation of a unified long-term tariff model within the development of the Middle Corridor
Another charge to be brought against Vardan Ghukasyan, currently  under arrestAnother charge to be brought against Vardan Ghukasyan, currently  under arrest
Lawyer: Court of Cassation refuses to hear Prosecutor General`s  appeal regarding the detention of Aragatsotn Diocese clergyLawyer: Court of Cassation refuses to hear Prosecutor General`s  appeal regarding the detention of Aragatsotn Diocese clergy
RA vice-premier: With active participation of U.S., Armenia and South  Caucasus enter new era of peace and stabilityRA vice-premier: With active participation of U.S., Armenia and South  Caucasus enter new era of peace and stability
Armenia, UK discuss continued development of Armenia-UK military  cooperationArmenia, UK discuss continued development of Armenia-UK military  cooperation
European Union to continue its support to Armenia-Azerbaijan peace  process - Magdalena GronoEuropean Union to continue its support to Armenia-Azerbaijan peace  process - Magdalena Grono
Constitutional Court of Armenia begins hearing opposition forces`  applicationConstitutional Court of Armenia begins hearing opposition forces`  application
20th meeting of Council of Justice Ministers of CIS member states to  be held in Yerevan in November20th meeting of Council of Justice Ministers of CIS member states to  be held in Yerevan in November
Converse Bank and ADB expand access to MSME and sustainable finance in ArmeniaConverse Bank and ADB expand access to MSME and sustainable finance in Armenia
Expert:  Main task of containing Azerbaijan is in hands of Armenian  societyExpert:  Main task of containing Azerbaijan is in hands of Armenian  society
Politician: Coordinated opposition actions to neutralize government s  goals are vital for release of political prisonersPolitician: Coordinated opposition actions to neutralize government s  goals are vital for release of political prisoners
Meeting of the Minister of Foreign Affairs of Turkmenistan with Representatives of the Ministry of Foreign Affairs of UkraineMeeting of the Minister of Foreign Affairs of Turkmenistan with Representatives of the Ministry of Foreign Affairs of Ukraine
Turkey s Special Representative for Normalization of Turkish-Armenian  Relations congratulates Ruben Rubinyan on his nomination for post of  RA NA SpeakerTurkey s Special Representative for Normalization of Turkish-Armenian  Relations congratulates Ruben Rubinyan on his nomination for post of  RA NA Speaker
Israel is preparing to officially recognize Armenian GenocideIsrael is preparing to officially recognize Armenian Genocide
Government seeks full control over citizens` phones in ArmeniaGovernment seeks full control over citizens` phones in Armenia
Catholicosate of Great House of Cilicia reports wounded and missing  Armenians in wake of earthquake in VenezuelaCatholicosate of Great House of Cilicia reports wounded and missing  Armenians in wake of earthquake in Venezuela
Armenia, USA sign Joint Statement on AI Opportunity Partnership at  Donald Trump U.S.  Institute of PeaceArmenia, USA sign Joint Statement on AI Opportunity Partnership at  Donald Trump U.S.  Institute of Peace
Pashinyan sent a congratulatory message to the Prime Minister of Slovenia.Pashinyan sent a congratulatory message to the Prime Minister of Slovenia.
The former mayor of Masis has been released from house arrest.The former mayor of Masis has been released from house arrest.
A member of the NS from the ruling party has put forward his candidacy for the post of deputy speaker of parliament.A member of the NS from the ruling party has put forward his candidacy for the post of deputy speaker of parliament.
Ruben Rubinyan: the trust of my fellow party members obliges me to a great deal.Ruben Rubinyan: the trust of my fellow party members obliges me to a great deal.
Pashinyan: As a result of a secret ballot, Ruben Rubinyan was elected as the candidate for the post of Speaker of the National Assembly.Pashinyan: As a result of a secret ballot, Ruben Rubinyan was elected as the candidate for the post of Speaker of the National Assembly.
The Prosecutor General’s Office has submitted a request to the Central Election Commission to strip the leader of the “Prosperous Armenia” party, Gagik Tsarukyan, of his immunity.The Prosecutor General’s Office has submitted a request to the Central Election Commission to strip the leader of the “Prosperous Armenia” party, Gagik Tsarukyan, of his immunity.
Head of the Ministry of Justice: the results of the parliamentary elections held in Armenia confirmed the country`s commitment to democratic values and constitutional processes.Head of the Ministry of Justice: the results of the parliamentary elections held in Armenia confirmed the country`s commitment to democratic values and constitutional processes.
A rally will be held on June 26 outside the building of the Constitutional Court of Armenia in defense of the votes of Armenian citizens.A rally will be held on June 26 outside the building of the Constitutional Court of Armenia in defense of the votes of Armenian citizens.
The second session of consultations on security and defense between Armenia and the EU took place in Brussels.The second session of consultations on security and defense between Armenia and the EU took place in Brussels.
Lawyer: we consider the decision of the Criminal Appeals Court to be bold.Lawyer: we consider the decision of the Criminal Appeals Court to be bold.
A Museum of Armenian Carpet Art will open in Garni.A Museum of Armenian Carpet Art will open in Garni.
Iranian cinematographer Mahmoud Kalari will head the jury of the regional competition at the Iranian cinematographer Mahmoud Kalari will head the jury of the regional competition at the "Golden Apricot" film festival.
An Armenian court changed the preventive measure to house arrest for the legendary Artsakh intelligence officer, a member of An Armenian court changed the preventive measure to house arrest for the legendary Artsakh intelligence officer, a member of "Strong Armenia."
National Assembly deputy: while the authorities negotiate to find new markets, Armenian businessmen are suffering huge losses.National Assembly deputy: while the authorities negotiate to find new markets, Armenian businessmen are suffering huge losses.
An appellate court lifted the house arrest of the head of the Shirak Diocese.An appellate court lifted the house arrest of the head of the Shirak Diocese.
Armenia’s Largest QR Payment Systems to Collaborate: ArcaQR – IdramNetArmenia’s Largest QR Payment Systems to Collaborate: ArcaQR – IdramNet
A closing ceremony for the military exercises A closing ceremony for the military exercises "Eagle‑Partner‑2026" was held at the "Zar" training center.
Vardevanyan: During the election processes in Armenia, more than 200 people were charged.Vardevanyan: During the election processes in Armenia, more than 200 people were charged.
It`s time for South Caucasus countries to think of South Caucasus as  single, unified region - RA premier It`s time for South Caucasus countries to think of South Caucasus as  single, unified region - RA premier 
Pashinyan: Armenia and Azerbaijan should leave each other alonePashinyan: Armenia and Azerbaijan should leave each other alone
JICA delegation discussed prospects for cooperation in Lake Sevan  protection with Armenian sideJICA delegation discussed prospects for cooperation in Lake Sevan  protection with Armenian side
Civil Contract party to hold secret ballot today to elect NA speakerCivil Contract party to hold secret ballot today to elect NA speaker
Armenian law enforcers conducting search at apartment of Gyumri  Council of Elders member Karen SimonyanArmenian law enforcers conducting search at apartment of Gyumri  Council of Elders member Karen Simonyan
Second stage of renovation work gets underway at Tsitsernakaberd  Memorial ComplexSecond stage of renovation work gets underway at Tsitsernakaberd  Memorial Complex
Read more



Commented
It`s time for South Caucasus countries to think of South Caucasus as  single, unified region - RA premier It`s time for South Caucasus countries to think of South Caucasus as  single, unified region - RA premier 
Pashinyan: Armenia and Azerbaijan should leave each other alonePashinyan: Armenia and Azerbaijan should leave each other alone
Moscow sees situation with Armenia as attempt to attack  Russia-involving integration associations - Russian presidential aidMoscow sees situation with Armenia as attempt to attack  Russia-involving integration associations - Russian presidential aid
Zakharova: Armenia views relations with Russia as tool for  financially securing reorientation toward EUZakharova: Armenia views relations with Russia as tool for  financially securing reorientation toward EU
The Armenian Minister of Justice and the EU Ambassador discussed visa liberalization issues for Yerevan.The Armenian Minister of Justice and the EU Ambassador discussed visa liberalization issues for Yerevan.
Azerbaijan`s aggressive plans against Armenia became possible in wake  of Pashinyan`s decisions on Artsakh - expert Azerbaijan`s aggressive plans against Armenia became possible in wake  of Pashinyan`s decisions on Artsakh - expert 
Zakharova: Russia sent a note of protest to Armenia over the act of  vandalism at the Zakharova: Russia sent a note of protest to Armenia over the act of  vandalism at the "Mother Armenia" memorial in Gyumri
Samvel Karapetyan proposes creating a post-election opposition coalitionSamvel Karapetyan proposes creating a post-election opposition coalition
Artsakh`s Cultural Heritage Ombudsman called on Moscow to respond to  destruction of WWII monuments by Azerbaijan in occupied NKRArtsakh`s Cultural Heritage Ombudsman called on Moscow to respond to  destruction of WWII monuments by Azerbaijan in occupied NKR
Prosecutor General`s Office  petitions Central Electoral Commission   for criminal prosecution of Robert KocharyanProsecutor General`s Office  petitions Central Electoral Commission   for criminal prosecution of Robert Kocharyan
Dutch Prime Minister expresses his support for Armenia`s democratic  reform and economic diversification agendaDutch Prime Minister expresses his support for Armenia`s democratic  reform and economic diversification agenda
 Heritage: It`s time for Armenia`s opposition to present people with  legitimate alternative to power Heritage: It`s time for Armenia`s opposition to present people with  legitimate alternative to power
RA Security Council Sec, Assistant to President of Azerbaijan hold  negotiations in Dilijan RA Security Council Sec, Assistant to President of Azerbaijan hold  negotiations in Dilijan 
CEC Neutralizes PAP: Three Political Forces to Enter Armenian Parliament Following Election VoteCEC Neutralizes PAP: Three Political Forces to Enter Armenian Parliament Following Election Vote
Elections in Armenia were accompanied by unprecedented pressure on  opposition, RF MFA spokesperson claims Elections in Armenia were accompanied by unprecedented pressure on  opposition, RF MFA spokesperson claims