Tigran Avinyan Participated in the World Economic Forum Meeting

On May 18, Deputy Prime Minister Tigran Avinyan participated in the online meeting of the World Economic Forum's regional group for Europe and Eurasia. During the meeting, strategies employed by governments and businesses to overcome the economic crisis caused by the coronavirus were discussed, along with challenges in global and regional value chains and potential solutions.

In his remarks, the Deputy Prime Minister noted that all countries are facing a public health crisis and that the coronavirus will continue to be a challenge for a long time. Presenting Armenia's strategy for overcoming the crisis, he pointed out that the imposed restrictions have allowed time to adapt to the situation and to enhance the capacities of the healthcare system.

Subsequently, following necessary preparations, the government eased restrictions while establishing mandatory rules and guidelines for the behavior and operations of the economy and society in the new situation.

Tigran Avinyan stated that this crisis period is also a catalyst for implementing important reforms, particularly in the field of digitalization. He addressed the opportunities for further development of the digital economy, digital governance, and digital society, providing a brief overview of the country's experience in this regard.