The press conference is online because of pandemic. The first fact concerns the government's anti-crisis measures aimed at neutralizing the situation with the new coronavirus. According to PM 7 out of 18 adopted programs are economic, 11 are social.
"As of today, 84.4 billion drams have been distributed within the framework of anti-crisis measures, which have been used by 48,400 legal entities, about 1,100,000 individuals. With the first anti-crisis measure, the government subsidized the interest rates on loans worth 35.4 billion drams to 494 businesses.
The part of the salary and taxes paid in full, that means the loan is available at 0%. The share of raw materials, equipment, utility bills and food expenses subsidized at 6-10%, so the loan is available at 2-6%”, said the Prime Minister.
With the second anti-crisis program, the government subsidized the interest rates on agricultural loans to 8195 businesses and individuals, worth 11.6 billion drams, the loan is available at 0%. In addition, the government has allocated 6 billion drams to the banking system to provide agricultural loans.
"With the third anti-crisis program the government subsidized the loans of 744 economic entities with an annual turnover of 24-500 million drams, worth 8.3 billion drams. Loan interest rates will be 0% in the first year, 0% in the second year, 12% in the third year, no loan repayment in the first 6 months. Under this program, we provided soft loans to companies that did not have overdue tax and credit obligations", said Pashinyan.
Within the fourth anti-crisis program the parents who lost their jobs on March 13-25 received 100,000 drams for each child under 14 years old. 2093 citizens took part in the event, 209 million drams were distributed.
Within the 5th anti-crisis program companies with 2-50 employees, where there was no reduction in number of employees and the salary fund within 3 months, received a grant equal to the salary of each of their 5th employees. The program was used by 13,934 businesses with 78,412 employees. 2.2 billion drams have already been distributed within the framework of this event.
