The European Union (EU) has approved a € 92 million emergency aid package to Armenia to support immediate and short-term needs to combat the outbreak of the coronavirus.
The directions of support are health, education and socio-economic.
The funds will be directed towards supplying medical devices and equipment, training for medical and laboratory staff, support to SMEs and business community, as well as social and humanitarian assistance to those affected by the coronavirus outbreak.
The assistance consists of the reconstruction of some current EU-implemented programs and new targeted assistance programs. It should be noted that most of the support will be provided as budget support and will be directed to the implementation of support programs approved by the Government.
