Mon, 9 June
25.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Over AMD 2.3 billion earmarked in Armenia for lessening COVID 19 negative impacts

YEREVAN, April 7. /ARKA/. As part of the government’s nine programs to overcome the economic and social consequences of the coronavirus, Armenia has distributed 2.353 billion drams as of April 5, Armenian Prime Minister Nikol Pashinyan said on Tuesday.

The government of Armenia, in total, approved nine programs to lessen negative economic consequences of coronavirus. Five aid packages in various areas were approved on March 26, three more assistance programs on March 30, and also one program on April 2. Of the nine programs, five relate to economic assistance to business and the agricultural sector, and four imply the provision of social support to various groups of the population.

Pashinyan said that these funds are distributed among legal entities and individuals.

“The financial means are already available in the banking system. Some of them may have already been received. The rest should go and get this amount,” he said during a direct broadcast on his Facebook page.

A state of emergency in order to suppress the spread of coronavirus operates in Armenia from March 16 to April 14. Restrictions on free movement and certain types of economic activity in Armenia in a state of emergency (initially imposed for the period from March 24 to March 31) were extended until April 12 inclusive.

As of April 7, in Armenia, 853 confirmed cases of coronavirus were recorded, 87 patients were cured, eight people died. ($1 – AMD 501.55). -0-

spot_img

POPULAR

Dollar and ruble exchange rates against Armenian dram rose, while euro fell

The average market exchange rate of the US dollar to the Armenian dram, as of April 2, 2025, rose by 0.06 points compared to April 1, reaching 391.16 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Euro exchange rate increases by 0.87 points to 433.28 AMD

The average market exchange rate of the U.S. dollar to the Armenian dram on April 10, 2025, decreased by 0.7 points compared to April 9 and amounted to AMD 391.08.

Converse Bank Joins the Asian Development Bank’s Green Finance Commitment

Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

LATEST NEWS

spot_imgspot_imgspot_img