of March 26, 2020 No. 355
About approval of the first action for neutralization of economic effects of coronavirus
Accepted on March 26, 2020
Assuming as a basis part 4 of article 146 of the Constitution of the Republic of Armenia, the Government of the Republic of Armenia decides:
1. Approve the first action for neutralization of economic effects of coronavirus according to Appendix.
2. Charge to the Minister of Finance of the Republic of Armenia and suggest the chairman of the Central bank of the Republic of Armenia to provide procedure for use of instruments of the help, stipulated in Item 9 Appendices to this Resolution till March 31, 2020, having fixed in it also mechanisms of public and transparent implementation of process, including publication of the list of the business entities using the help.
Prime Minister of the Republic of Armenia
N. Pashinyan
Appendix
to the Order of the Government of the Republic of Armenia of March 26, 2020 No. 355
1. The purpose of action is the help of the RA to certain business entities (further – business entities) for risks mitigation connected with the current feasibility at the last predicted as a result of spread of coronavirus.
2. The purpose of the help is creation for business entities of possibility of temporary availability of financial resources to reaction to changeable conditions of demand, opposition to external challenges and, respectively, implementation of actions for continuation of activities and reorganization and adaptation to the changed economic situation and refining of the development strategy.
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