ArmInfo. Armenia does not have a mechanism for linking gas prices to oil prices. Mikael Melkumyan, Deputy Minister of Territorial Administration and Infrastructures of the Republic of Armenia Hakob Vardanyan stated this at the plenary sitting of the Parliament on March 24, answering the question of the MP from the Prosperous Armenia faction

ArmInfo. After overcoming the coronavirus, the world seems to face even greater economic problems.  A similar opinion was expressed by ArmInfo, member of the Armenian parliament from the block "My Step" Kristina Poghosyan.

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ArmInfo.In 2020, the global economy will face a recession that will be worse than the global financial crisis of 2008-2009, said Kristalina Georgieva, head of the International Monetary Fund (IMF), following an emergency teleconference with the heads of central banks and finance ministries of the G20 countries.

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ArmInfo.Section COVID-19 has appeared on the website of the State Revenue Committee of the Republic of Armenia (SRC), which presents a list of taxpayers engaged  in temporarily prohibited economic activities.

ArmInfo. In crisis conditions, amid the spread of coronavirus, agriculture is becoming one of the most important and interesting fields of activity. Prime Minister  Nikol Pashinyan expressed a similar opinion during the meeting  dedicated to the preparatory work of the upcoming agricultural season  in the RA government.

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ArmInfo. The Ministry of Economy of the Republic of Armenia, in cooperation with the Office of Business Assistance and the Center for Investment Promotion,  developed a survey for business entities in order to identify  problems associated with the COVID-19 pandemic and the emergency  situation in the country.  Based on the data obtained, effective  tools will be developed to solve the problems encountered by the  business. 

ArmInfo. In order to eliminate the economic consequences in Armenia due to coronavirus, the first draft of measures was developed to assist economic agents in co-  financing, refinancing loans and subsidizing interest rates. Prime  Minister Nikol Pashinyan announced this on March 23 on his Facebook  page.

ArmInfo. Tigran Sargsyan was appointed Deputy Chairman of the Board of the Eurasian Development Bank. This was reported by the EDB press service.

ArmInfo. Today, the country's economy is on the edge of the abyss, and it will be very difficult to restore. Head of the Prosperous Armenia Party, MP, entrepreneur Gagik  Tsarukyan stated this in an interview with reporters on March 23.  

ArmInfo.On March 23, the decision of the commandant of the state of emergency, Deputy Prime Minister Tigran Avinyan on the ban on economic activity in Armenia  comes into force. The Deputy Minister of Economy of the Republic of  Armenia Varos Simonyan stated this at a press conference in Yerevan  on March 23.

ArmInfo. Overcoming the global crisis is likely to begin with China.  A similar opinion was  expressed by ArmInfo German political scientist Alexander Rahr.

ArmInfo. The World Bank Board of Executive Directors approved the provision of a loan of 17.9 million euros to Armenia for additional financing of the program  "Social Investments and Local Development".

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ArmInfo.The Central Bank of Armenia, while remaining committed to a floating exchange rate policy, today has sufficiently high reserves and multilayer tools to  protect the foreign exchange market from any shocks. CBA Board member  Artur Stepanyan stated on March 20 during Armenian Unified  InfoCenter's  press conference , assuming that no shocks are expected  in the near future.

ArmInfo. The Eurasian Economic Commission has created a coordinating council to monitor the situation with the spread of coronavirus. This was reported by the  EEC press service.