ArmInfo. Production of domestic tests for coronavirus will significantly reduce government spending in this direction. The Minister of Health of the Republic of Armenia Arsen Torosyan stated this on June 12 in the parliament during the  discussion of the report on the implementation of the state budget  for 2019.

ArmInfo.

ArmInfo.

ArmInfo.A meeting was held  under the chairmanship of Prime Minister Nikol Pashinyan, during  which anti-crisis measures and government programs were discussed.

ArmInfo.

ArmInfo. Chairman of the Union  of Banks of Armenia Mher Abrahamyan met with Chairman of the Central  Bank of the Republic of Armenia Artur Javdyan on the occasion of the  end of his tenure as head of the Central Bank of Armenia.

ArmInfo.  The State Revenue  Committee (SRC) summed up the results of the 18 package of  anti-crisis measures envisaged for business entities that have from 2  to 100 employees who retained their salary fund and staff.

ArmInfo.

ArmInfo. Gas supply issues in  Armenia are regulated by a number of agreements reached in 2013. This  was announced on June 11 during an online press conference by Russian  Ambassador to Armenia Sergey Kopyrkin, answering a question about gas  prices for Armenia.

ArmInfo.

ArmInfo.

ArmInfo.Ardshinbank and Visa Payment System have launched the “Stay safe” campaign. Within the frames of the campaign, customers who will make the most non-cash transactions with Ardshinbank VISA cards from June 10 to August 10, inclusive, will receive medical insurance and healthcare certificates.

ArmInfo.

ArmInfo. Rusatom Service CJSC,  which is part of the Rosatom Group of Companies, will receive an  amount in drams equivalent to 40 million 255 thousand US dollars for  carrying out activities at the Armenian Nuclear Power Plant. At the  June 11 meeting, the Government of Armenia approved the program of  events of the company.

ArmInfo.  German KfW Bank will  additionally provide Armenia with a grant of 550 thousand euros to  conduct research on the project for the construction of a  high-voltage power transmission line Armenia-Georgia. At the June 11  sitting, the Government of the Republic of Armenia approved a  corresponding agreement with the bank for signing.

ArmInfo. The Armenian Nuclear  Power Plant will be provided with a budget loan of 63.2 billion drams  (about $ 130 million). The decision on this was made at a meeting of  the RA government on June 11.

ArmInfo. On June 11, Artur  Javadyan for the last time participated at a meeting of the  Government of Armenia as Chairman of the Central Bank of Armenia.

ArmInfo. For one year, the World  Bank canceled an additional 1.7% interest rate on loans from the  International Development Association (IDA) for Armenia. According to  the estimates of the WB and the Ministry of Finance of the Republic  of Armenia, as a result of the one-year cancellation of this rate,  the state budget of Armenia will save about $ 13 million on interest  payments on foreign debt, the press service of the RA Ministry of  Finance told ArmInfo.

ArmInfo. In the first years in  many years, the Armenian trade sector began to decline, which was  associated with the introduction of restrictions by the Commander for  emergency situations on a number of economic activities due to the  spread of a new type of coronavirus.  Thus, according to the RA  Statistical Committee, the revenue of the Armenian trade sector in  January-April 2020 decreased by 8.6% (against growth by 9.8%),  amounting to 816.1 billion drams ($ 1.6 billion). The last time a  decrease in trade in the Republic of Armenia was registered in  January-October 2016 (0.1%).  At the same time, in April 2020 alone,  trade turnover in Armenia showed a decline of 29.4% (annual decline  of 1.8%) to 158.5 billion drams ($ 324.4 million).

ArmInfo.