Armenia. The coronavirus-related state of emergency in Armenia has been extended for another month keeping many restrictions for the business until September 9.
Armenia. 2.6 billion AMD (about $5.4 million) was provided to about 13,000 beneficiaries under the 21st programme of the Armenian government to offset the socio-economic consequences of the coronavirus. About 96% of the private companies submitted applications for preserving their jobs during the Covid-19 pandemic.
Armenia. According to the Statistical Committee, the economic activity of Armenia in the first half of 2020 decreased by 4.7% per annum, while in June 2020 alone, economic activity increased by 14.8%, after growing by 13.3% in May and against growth by 8.2% in June 2019.
Armenia. SMEs in tourism sector may keep the tickets for the museums and national parks bought in advance as they will be valid until the end of 2021. Arayik Harutyunyan, the Minister of Education, Science, Culture and Sport announced that tickets unused due to Covid-19 will be valid during the whole 2021.
Armenia. Kim Kardashian joins the fundraising to support SMEs in Armenia, organised by the Support Armenia Fund in cooperation with the Ministry of Economy of Armenia. About 900 business entities have already received assistance under the third anti-crisis program aimed at supporting small and medium-sized businesses, according to the Minister of Economy Tigran Khachatryan.