ArmInfo. 4.9% decline in Armenia's GDP in March this year can be considered a good indicator, given the impact that coronavirus had on the economy of the country and around the world. On May 14, Deputy Prime Minister Tigran Avinyan stated this from the rostrum of the National Assembly of the Republic of Armenia.
According to him, the expected decline in GDP was supposed to be higher. In y-o-y terms, the positive dynamics of economic activity is still maintained, since in the previous months the country recorded a significant increase in economic activity, which amounted to 8.7% in the first two months of 2020.
The Deputy Prime Minister also said that over 1 billion drams had already been collected on a special account of the state treasury. He stated that attention to the fund has weakened, as transfers have been significantly reduced.
The Deputy Prime Minister also emphasized that from mid-June it is planned that Armenia will resume air communication with other countries. But all arriving without extension will be sent to self-isolation. Violation of this condition threatens with severe sanctions and fines.
In order to combat the virus, yesterday the Ministry of Health was allocated an additional 1 billion drams to resolve current issues. In order to successfully confront the coronavirus, active cooperation has developed with partners - Russia, China, Georgia, Iran. Avinyan added that from May 25, wearing medical masks and gloves will become mandatory throughout the country. But taking into account the fact that the work of public transport will resume from May 18, it will also be necessary to use protective masks when entering it.
