On 23 December, EU informed the Government of Armenia about the disbursement of additional € 24 million in grants to support Armenia’s fight against COVID-19 pandemic.
The EU's decision follows a positive assessment on progress in development of a Mid-Term Recovery Plan (MTRP), macroeconomic stability, public financial management and state budget transparency, in the frame of the COVID-19 Resilience Contract signed between the EU and the Government of Armenia.
As part of the EU’s € 92 million response package to the COVID-19 in Armenia, this new disbursement of € 24 million is meant to help Armenia in its fight against the pandemic and in strengthening the economic and financial resilience in the country.
This EU assistance is an extra support to the recently disbursed €35.6 million aimed to assist the country’s healthcare system and anti-crisis measures for vulnerable groups and businesses affected by COVID-19.
The EU’s response follows a Team Europe approach, aimed at saving lives by providing quick and targeted support to its partners to face COVID-19 pandemic.
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