ArmInfo.Ara Khachatryan was appointed as the new General Director of one of the leading telecommunication companies of Armenia - Ucom. According to the  company's press service, this decision was made on April 14 at an  extraordinary meeting of the Board of Governors convened urgently in  connection with the resignation of the former director Hayk Yesayan.

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ArmInfo.The previous forecast of the Central Bank on GDP growth was voiced based on the solution of issues relevant at that time. On April 16, Martin Galstyan, candidate  for the post of chairman of the Central Bank of Armenia, said this  the National Assembly of the Republic of Armenia.

ArmInfo. Martin Galstyan as a candidate for the post of chairman of the Central Bank of Armenia delivered his first speech at the National Assembly of the Republic  of Armenia. Galstyan's candidacy was proposed by the ruling "My Step"  faction.  In his speech, he emphasized that today's reality is  unprecedented in the modern era of the history of mankind. The  governments of all countries, as noted by Galstyan, today are doing  everything possible to save lives, not stopping at huge economic  losses.

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ArmInfo. The list of beneficiaries of the 3-package of measures to overcome the  consequences of the COVID-19 pandemic in Armenia will be expanded.  The decision on this was made at a meeting of the RA Government on  April 16.

ArmInfo. About 85 thousand beneficiaries of the family allowance program will receive additional assistance. At a meeting on April 16, the Armenian government  approved the 13th program of anti-crisis measures to overcome the  socio-economic difficulties caused by the coronavirus epidemic.

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ArmInfo.  In the current  circumstances due to the coronavirus, banks are ready to act as  intermediaries between the government and the population, providing  their support to jointly overcome the difficulties that have arisen.  Thus, banks will help not only to cope with a difficult situation,  but will also further contribute to the development of such sectors  of the economy as SMEs and agriculture. This was stated by Executive  Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan  referring to the work carried out by the system and state programs to  neutralize the economic consequences of the coronavirus (COVID-19).

ArmInfo. For a rather large food  sector, Armenia has a rather high level of self-sufficiency. On April  15, Prime Minister of the Republic of Armenia Nikol Pashinyan stated  this from the parliamentary tribune, adding that this conclusion was  made on the basis of repeated discussions in the government on food  security.

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ArmInfo. According to the  latest data, over 700 agreements on the state program of agricultural  risk insurance were concluded in Armenia. Anna Ohanyan, Spokeswoman  for the Ministry of Economy of the Republic of Armenia, said this at  a press conference in the Unified Information Center on April 15.

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ArmInfo. Armenia is not in the worst situation compared to other countries in the region in terms of decrease of the credit rating.  The Deputy Minister of Economy of the  Republic of Armenia Avag Avanesyan expressed this opinion during a  press conference at the Unified Information Center on April 15,  speaking about the impact of the country's rating given by  international rating organizations.  In this regard, he recalled that  Armenia is not the only country in the region, the rating of which,  has been downgraded. However, the Deputy Minister emphasized that, in  conditions of the general negative assessment, rating organizations  praised the actions of the Government of the Republic of Armenia,  which, in their opinion, are in tune with the development of the  situation, both in terms of speed and goals. 

ArmInfo. The Prosperous Armenia faction of the National Assembly of the Republic of Armenia proposes to create a new financial structure in the country - Post  Bank, which will deal with issues related to servicing pensioners.  A similar initiative was introduced at the plenary session of the  Armenian parliament on April 15 by the deputy of the faction Mikayel  Melkumyan, commenting on the amendments to the law "On State  Pensions" submitted by the government.  

ArmInfo.  EU financial  assistance provided to Armenia may increase. On April 15 during a  press conference at the Unified Information Center Deputy Minister of  Economy of the Republic of Armenia Varos Simonyan said  recalling  that earlier it was stated that the EU will allocate Armenia 92  million euros to support the most affected by the crisis layers of  the population, strengthen the health care system and promote the  sector of SMEs.  

ArmInfo. The Ministry of Economy of the Republic of Armenia is preparing a new list of products of social and economic importance for consideration by the  EAEU for temporary reduction or zeroing of customs duties amid  importing from third countries. Deputy Minister of Economy of the  Republic of Armenia Varos Simonyan announced this during a press  conference on April 15 at the Unified Information Center.