Armenian government discusses mid-term spending program for 2021-2023

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YEREVAN, May 19. /ARKA/. Armenian Prime Minister Nikol Pashinyan chaired a meeting on Monday that discussed a draft mid term government spending program designed for 2021-2023, the press service of the government reported.

It said a special focus was put on the main macroeconomic indicators and the fiscal framework of the program. The meeting looked into various scenarios due to crisis and possible developments.

Pashinyan asked the involved stakeholders to discuss in detail the proposals made for the program in order to finalize it, and also attached importance to the implementation of successive steps to implement the capital expenditure program and work out new development projects.

“Everything possible must be done so that events develop according to the optimistic scenario,” the head of government said.

A 30-day state of emergency to curb the spread of coronavirus was declared in Armenia on March 16 and restrictions were imposed on free movement of citizens. The government banned also some types of economic activity. On April 13, the government extended the state of emergency for another month and on May 4 it lifted the ban on almost all types of economic activity and the free movement of citizens, except for public transport. On May 14, the government has again extended the state of emergency for another 30 days.

However, despite the extension, public transport, preschools, trading centers, restaurants and gyms have reopened starting from May 18, and wearing of masks has become mandatory in public spaces.

According to the latest official data, some 351 new cases of the novel coronavirus were recorded in Armenia over the past 24 hours bringing the total to 4,823 confirmed cases; 61 people have died of COVID-19 and 2,019 patients have recovered.

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