ArmInfo.

ArmInfo. The spread of coronavirus and falling oil prices adversely affect banks. Russia and neighboring countries and may lead to a decrease in their  ratings, according to a comment by Fitch.

ArmInfo.The crisis associated with the spread of coronavirus will lead to dramatic changes in all spheres of human activity. This opinion was expressed by the founder  of the Troika Dialog company, entrepreneur and philanthropist Ruben  Vardanyan in an interview with RBC.

ArmInfo. Travel portal TurStat has presented a rating of the best cities in the CIS for virtual tours and trips, virtual tours of museums and attractions in cities  and CIS countries.

ArmInfo.The state intends to pay one-time grants to small businesses, which, under the prevailing difficult conditions, have survived without reducing the number of  employees and wages in the period from January 1 to April 1 this  year. This decision was unanimously adopted during the meeting of the  Government of Armenia on March 26.

ArmInfo. As part of the small business assistance package, the state will provide a loan of up to 50 million drams, with a maturity of 3 years, and a grace period of  the first 6 months. This became known during the meeting of the  Government of Armenia on March 26.

ArmInfo.The package of assistance to agriculture in Armenia provides for the zeroing of interest rates for a number of previously programs being implemented  with state support. The Minister of Economy of the Republic of  Armenia Tigran Khachatryan announced this on March 26 during the  government meeting, presenting a package of state actions to the  agricultural sector, which was unanimously approved.

ArmInfo.In Armenia, the National Mortgage Company CJSC and Home For Youth CJSC refinancing companies 0announced a deferral of mortgage payments for up to 6 months (i.e.  through September inclusive). According to the press service of the  Central Bank of Armenia, received by ArmInfo, these companies,  following the situation arising in connection with the spread of  coronavirus and aiming at assisting borrowers faced with financial  difficulties, took this step to temporarily exempt mortgage clients  from repaying the main loan amount.

ArmInfo.On March 26, the Armenian government unanimously approved a package of state assistance to business proposed by the Ministry of Economy of the  Republic of Armenia.

ArmInfo."No matter how strange it sounds, but we have good news regarding the implementation of the budget," said Prime Minister Nikol Pashinyan during a  government meeting on March 26. In this regard, he said that  following the results of the first quarter of this year, Armenia will  exceed the budget in terms of tax revenues by 5 billion drams. <And  in this regard, 

ArmInfo.In the comprehensive RA program to prevent the economic consequences of the coronavirus pandemic, the re-equipment of the health system is a priority.  This  was stated on March 26 during a meeting of the Government of Armenia  by Deputy Prime Minister Mher Grigoryan.

ArmInfo.The Black Sea Trade and Development Bank (BSTDB) granted Ardshinbank the fifth loan in the amount of $ 20 million to finance small and medium enterprises (SMEs) in Armenia. This deal demonstrates the close partnership between the  two banks and their common goal is to support the development of the  SME sector, Ardshinbank said in a statement.

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ArmInfo. Tomorrow at a government meeting, we will consider a package on the provision of large-scale assistance to agriculture and business.  Prime Minister of Armenia Nikol Pashinyan stated this from the rostrum of the parliament.

ArmInfo. Armenia is discussing within the EAEU a temporary ban on grain exports introduced in Russia in connection with the situation with coronavirus. On March 25,  Deputy Prime Minister Mher Grigoryan announced this from the rostrum  of the parliament.

ArmInfo.Moody’s Investors Service international credit rating agency has published its credit opinion update on Converse Bank on March 25, 2020.

ArmInfo. In Armenia in January-February 2020, economic activity increased by 8.7% compared to the same period in 2019, against previous year's 6.5% growth.   According to preliminary data of the RA Statistical Committee, y-o-y  growth was provoked to a greater extent by the industrial sector and  the energy complex.

ArmInfo.The "Spayka" company engaged in cargo transportation, alarms that the issue of transit through the territory of Georgia remains unresolved.

ArmInfo. As part of the livestock development program for 2019-2024, 159 cattle were imported into Armenia. As the press service of the Ministry of Economy of the  Republic of Armenia reports, in total, within the framework of this  program, financial institutions provided 406 million drams for the  purchase of 315 heads of pedigree cattle.