Minister: Armenia  has all kinds of essential goods
 Thursday, March 19 2020,

ArmInfo.The daily production of alcogel, an antimicrobial disinfectant, doubled in Armenia. Chairman of the State Commission for the Protection of Economic Competition  (SCPEC) Gegham Gevorgyan said this at a government meeting on March  19.

Prime Minister: In this difficult time it is necessary to move  forward with competent actions
 Thursday, March 19 2020,

ArmInfo. In this difficult time it is necessary to move forward with competent actions. RA Prime Minister Nikol Pashinyan stated it  on March 19 RA at a meeting of  the Armenian government.

Prime Minister: The Government of Armenia will present a program of  anti-crisis measures for public discussion in the next 1-2 days
 Thursday, March 19 2020,

ArmInfo. Within the next 1-2 days, the Armenian government will present for public discussion a program of anti-crisis measures to overcome the coronavirus situation  and the situation in global markets. The Prime Minister of Armenia  Nikol Pashinyan stated this at a government meeting on March 19.

 Thursday, March 19 2020,

ArmInfo.

Prime Minister: We are entering a new world of complete uncertainty  and are ready to invest in those, who will prepare Armenia for this  new world
 Wednesday, March 18 2020,

ArmInfo. The Armenian government will allocate 150 billion drams ($ 300 million) to improve the economy in connection with the consequences of the coronavirus and  this amount can be increased, Armenian Prime Minister Nikol Pashinyan  said in an interview with "Shant" TV channel.

Central Bank of Armenia has all the tools to ensure uninterrupted  operation of the financial system
 Wednesday, March 18 2020,

ArmInfo. In connection with the spread of the COVID-19 virus throughout the world, the  uncertainty of economic activity and its prospects has intensified, which has increased the challenges for ensuring macroeconomic stability.

IC "INGO Armenia" switches to emergency mode of remote servicing
 Wednesday, March 18 2020,

ArmInfo. The INGO Armenia insurance company decided to switch to an emergency mode of remote servicing, based on social responsibility to customers and taking  into account the government decision to introduce an emergency. This  was reported by the press service of INGO Armenia IC, while  simultaneously notifying that all employees of the insurance company  will work from home, ensuring uninterrupted workflow.

Economic Affairs Committee decided to extend the duration of state  duties on cement imported into Armenia
 Wednesday, March 18 2020,

ArmInfo.The Armenian government proposes to extend the duration of state duties on cement imported from Iran and several other countries until July 1. On March  18, the Deputy Minister of Economy Avag Avanesyan informed about such  intention during the sitting of the NA Standing Committee on Economic  Affairs.

Beeline announces special roaming tariffs
 Wednesday, March 18 2020,

ArmInfo. Taking into account the events taking place all over the world, Beeline in Armenia decided that all subscribers of the company who have activated  roaming can call the numbers of the Ministry of Health +37410550601  and +37460838300 from March 17 to 31 free of charge.

 Wednesday, March 18 2020,

ArmInfo.

 Wednesday, March 18 2020,

ArmInfo.

 Wednesday, March 18 2020,

ArmInfo.

Forecast: Passing the $ 25 oil threshold by the barrel will usher in  a global recession
 Wednesday, March 18 2020,

ArmInfo.Overcoming the $ 25 oil barrel threshold will usher in a global recession. At the same time, certain prerequisites for such a scenario are already visible. The  director of the Institute for Energy Security, member of the  political council of the One Armenia party Vahe Davtyan expressed a  similar opinion to ArmInfo.

VTB Bank (Armenia) offers its borrowers a two-month delay in loan  payments
 Tuesday, March 17 2020,

ArmInfo.VTB Bank (Armenia), as a socially oriented bank, offers its individual borrowers a two-month delay in paying loans - from March 17 to May 17. As explained in the bank's statement, the deferral concerns both repayment of the  principal loan amount and interest payments on dram and foreign  currency loans.  

Minister: Work is underway to create an electronic platform for  assessing the sanitary-epidemiological situation in Armenia
 Tuesday, March 17 2020,

ArmInfo.Work is underway to create an electronic platform for assessing the  sanitary-epidemiological situation in Armenia. The Minister of  High-Tech Industry Hakob Arshakyan said this on March 17 at a press  conference in Yerevan.

Minister: There will be no failures in the work of the  telecommunications sector
 Tuesday, March 17 2020,

ArmInfo.Most telecommunications employees switched to work remotely. The Minister of High-Tech Industry of the Republic of Armenia Hakob Arshakyan  announced this at a press conference in Yerevan on March 17.

 Tuesday, March 17 2020,

ArmInfo.

 Tuesday, March 17 2020,

ArmInfo.

Customers can make loan repayments any time within a month.
 Tuesday, March 17 2020,

ArmInfo.Taking into consideration the current situation in the country with the spread of the new coronavirus, and taking care of our customers, IDBank has made a decision to give an opportunity to its physical entity customers to make their credit repayments the day preferred by them in the period from March 17 to April 17. If the customers do not make the repayments within the specified period, no penalties or fines will apply, the credit will not be classified and the borrower's credit history will not suffer.

In Jan-Feb 2020 gross international reserves of Armenia decreased by  6.4% amid y-o-y growth of 28.2%
 Tuesday, March 17 2020,

ArmInfo.In January-February 2020 the gross international reserves of Armenia decreased by 6.4%, amounting to $ 2.659 billion. This is evidenced by the data of the  Central Bank of Armenia. The lion's share of these - $ 2.655 billion,  are foreign assets in hard currency, and the share of SDR in the IMF  amounted to $ 4.1 million. According to the regulator's report,  foreign assets in hard currency for the reporting two months  decreased by 6.3%, and the share of SDR in the IMF decreased by  33.9%.  

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