Armenian government allocates another AMD 119 billion to cushion economic consequences of COVID-19 | ArmBanks.am

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Armenian government allocates another AMD 119 billion to cushion economic consequences of COVID-19

24.09.2020 15:54

Armenian government allocates another AMD 119 billion to cushion economic consequences of COVID-19

YEREVAN, September 24. /ARKA/. Armenian Vice Premier Mher Grigoryan pointed out Thursday the progress in the implementation of the government’s 1st and 2nd programs aimed at cushioning the economic consequences of the coronavirus.

"In general, within the framework of the 1st and 2nd programs, the size of the subsidized portfolio as of yesterday amounted to about 119 billion drams. That is, in fact, we subsidize the loan portfolio in this amount," he said at a government meeting.

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Tags: Armenia, COVID 19, economic consequences, government

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