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

Euro and dollar exchange rates against the Armenian dram fell slightly, while the ruble rose,: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of June 19, 2026, fell by 0.04 points compared to June 18, to 368.15 drams.

Armenia to increase participant limit for private investment funds from 49 to 99

The National Assembly of Armenia adopted an amendment to the law "On Investment Funds" in its first reading at its session on Thursday.

Yerevan’s budget revenues exceeded targets by 9.7% for the first five months

As of May 31, 2026, Yerevan's budget revenues totaled 40.3 billion drams, compared to the planned 36.4 billion drams for January-May, reported David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Unibank and Unisport took part in the “Tricolor” Yerevan Beat Run

Employees of Unibank and the Unisport club took part in the "Tricolor" Yerevan Beat Run.

Moody’s Ratings affirms Unibank’s B1 ratings with a stable outlook

Moody's Ratings affirmed Unibank B1 long-term local and foreign currency bank deposit ratings and maintained the stable outlook.

LATEST NEWS

spot_imgspot_imgspot_img