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Tag: Damage

Damage to Armenian economy from coronavirus to amount $ 1.53 billion, GDP to shrink more than 11% – former economy minister

The damage to the Armenian economy from the coronavirus in the base scenario will amount to $ 1.53 billion (or 11.2% of the 2019 GDP), according to a study by Vahram Avanesyan, a former minister of economy of Armenia, published on the website of the Russian-Armenian University