Some 973 million drams raised to support Armenian government‘s efforts to contain spread of coronavirus

YEREVAN, April 20. /ARKA/. Some 973 million drams (over $1.8 million) have been raised so far to support the Armenian government’s efforts to contain the spread of coronavirus Covid 19, the Ministry of Finance reported.

To that end the ministry has opened a special treasury account. The ministry said a total of 3,820 donations were made

The ministry said to ensure public accountability and transparency, it will be regularly informing citizens about the amount of funds received and the areas covered. The recipient is the Central Treasury of the Republic of Armenia. The Treasury Account Number: 900005001947.

The ministry said when making a donation, the purpose should be indicated as “Support for the fight against coronavirus disease.”

It said the raised funds will be spent on encouragement of health workers, the acquisition of medical supplies and equipment, as well as improving the conditions in medical facilities.

Armenia declared a 30-day state of emergency on March 16 to contain the spread of the disease and imposed stringent restrictions on free movement of people banning also some types of economic activity. On April 13, the government extended the state of emergency for another month, allowing simultaneously some businesses to reopen.

The number of confirmed coronavirus cases have grown to 1,339. Some 580 patients have recovered and 22 people have died. -0-

spot_img

POPULAR

Euro rises against Armenian dram, while US dollar falls

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 29, 2026, decreased by 0.21 points compared to April 28, to 371.19 drams.

Natalija Novta will become new IMF Resident Representative in Armenia

Natalija Novta will become the new IMF Representative in Armenia in August, replacing Umang Ravat.

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

ADB Appoints New Country Director for Armenia

The Asian Development Bank (ADB) has appointed Lyaziza Sabyrova as its new Country Director for Armenia, effective 1 April 2026.

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.

LATEST NEWS

spot_imgspot_imgspot_img