Sun, 23 February
-8.9 C
Yerevan
USD: 394.41 RUB: 4.46 EUR: 412.67 GEL: 140.79 GBP: 498.77
spot_img

Avinyan presents at WEF meeting Armenia’s anti-crisis strategy amid COVID-19

YEREVAN, May 19. /ARKA/. Armenian Vice-Premier Tigran Avinyan took part yesterday in the online meeting of the Regional Group for Europe and Eurasia of the World Economic Forum (WEF).

According to the vice-premier’s office, governments and business communities’ strategies aimed at overcoming the economic crisis caused by the coronavirus, problems in global and regional value chains and possible solutions were discussed at the meeting.

In his speech, Avinyan said that all countries are confronting the crisis in the public health system, and the coronavirus will be a problem for a long time to come.

Presenting the strategy of Armenia to overcome the crisis, he noted that the introduced restrictions made it possible to gain time and adapt to the situation as well as to increase the capabilities of the healthcare system. Later, he said, the government, after necessary preparations, eased restrictions, along with that establishing mandatory rules and guidelines for the behavior of the society and the economy in the new situation.

Avinyan said that this crisis period is also an incentive for important reforms, especially in the field of digitalization.

He spoke about the further development of the digital economy, digital governance and the digital society and briefly presented the experience of Armenia in this area.

The state of emergency, introduced in Armenia on March 16, 2020 and extended to May 14, is again extended until 17:00 on June 13 inclusive.

According to the latest report issued Tuesday morning by the National Center for Disease Control and Prevention, there are 5,041 confirmed COVID-19 cases, 64 deaths and 2,164 recovered patients in Armenia. -0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img