Nikol Pashinyan’s property and political path. what did the CP leader declare?

“Zhoghovurd” daily writes: “Ahead of the National Assembly elections to be held on June 7, 2026, ArmLur.am continues to present the biographies and property declarations of the leaders of the nominated political forces. This time, the spotlight is on Nikol Pashinyan, who is number one on the pre-election list of the “Civil Contract” party. It should be noted that the party participates in the elections under number 16.


What property does Nikol Pashinyan have?


According to the declaration of property, income, expenses and interests of 2024, Nikol Pashinyan, who has held the position of Prime Minister since May 8, 2018, has no real estate. However, the declaration states that he actually owned a private house in Yerevan for 90 days or more.


 


In Pashinyan’s declaration, there is also a loan of 49 million 350 thousand drams given to “Ijevanatun” CJSC. He had a bank deposit of 726,900 drams, and the balance of his bank accounts was around 477,000 drams. Cash funds amounted to 700 thousand drams and 500 dollars.


 


 


 



According to the statement, during 2024 Nikol Pashinyan’s total incomes amounted to more than 80 million 235 thousand drams. About 17 million drams of that amount were wages. He also declared a donation of 6 million drams from his wife, Anna Hakobyan.


 


Loans received from different banks are also mentioned in the declaration. As of the end of the year, the balance of the principal amount of loans and borrowings amounted to more than 48 million drams, of which 44 million 415 thousand drams is a liability received for the purpose of purchasing an apartment.


 


The Prime Minister also declared travel expenses and accommodation expenses for the purpose of recreation in the amount of more than 5 million drams.



Pashinyan also announced his participation in “Mer Tparan” company, where he has a 50 percent share. That participation was acquired back in 2009. Pashinyan is the chairman of the board of the “Civil Contract” party.


For comparison, in the 2021 declaration, Pashinyan’s bank deposits were about 3 million drams, bank account balances were 27 thousand 701 drams and 3.84 dollars, and cash funds were 790 thousand drams and 1800 dollars, and total income was about 13.6 million drams. At that time, the loan obligations amounted to about 1.2 million drams.


 


Nikol Pashinyan’s political and journalistic path


Nikol Pashinyan was born on June 1, 1975 in Ijevan. He studied at Yerevan State University, but was expelled in his final year due to political reasons.


Since the 1990s, he has been engaged in journalism, working in various newspapers, including “Lagir”, “Molorak” and other periodicals. In 1998, he founded the “Oragir” daily newspaper, which was later closed by the court’s decision. From 1999 to 2012, he was the chief editor of “Haykakan Zhamanak” daily newspaper.


His political activities were also accompanied by criminal prosecutions and imprisonment. In 1999, he was sentenced to one year in prison, but the sentence was postponed. After the events of March 1, 2008, he spent more than a year underground, and in 2009 he voluntarily presented himself to law enforcement and was sentenced to 7 years in prison. He was later released under amnesty.


In 2012, he was elected a member of the National Assembly on the list of the “Armenian National Congress” bloc. In 2013, he founded the “Civil Agreement” political association, which later became a party.


In 2017, he was again elected as a deputy and head of the parliamentary faction on the list of the “ELK” alliance. On March 31, 2018, the “My Step” movement started in Gyumri, which in April-May turned into a mass protest movement and led to a change of government.


On May 8, 2018, the National Assembly elected him as the Prime Minister. In December of the same year, he headed the list of the “My Step” bloc and received the support of the majority of voters in the elections. In 2021, amid the internal political crisis, he resigned in order to hold early elections, but after the elections on June 20 of the same year, the “Civil Agreement” party won again, and Nikol Pashinyan was reappointed as Prime Minister.


Thus, ahead of the 2026 elections, Nikol Pashinyan stands before the public not only as the head of the government for eight years, but also as a politician whose activities and decisions continue to be one of the most discussed and controversial topics in society. On the one hand, he presents himself as the leader of the “velvet revolution” and the author of systemic changes, on the other hand, the years of his rule have been accompanied by war, territorial losses, severe internal political crises and ongoing social divisions. Against this background, public interest in his property status, income and financial obligations only grows, especially in the conditions when the government continues to talk about transparency, anti-corruption fight and social justice.


Details in today’s issue of “Zhoghovurd” daily.

Disclaimer: This article was contributed and translated into English by Maghakian Mike. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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