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Luys Foundation has released a new comparative analysis assessing the measures adopted in Armenia and the world aimed at overcoming the COVID-19 crisis. According to the release by the Foundation, the Covid-19 pandemic has disrupted the normal evolution of the world economy. Countries, including the Republic of Armenia, have taken a number of measures to overcome the crisis. Some governments have focused on non-compensable forms of financial assistance, others – on compensable forms.

The goal of this research is to study the international experience of measures to contain the COVID-19 crisis, with the aim of assessing the efficacy of the fiscal package developed by the government of the RA.

In particular, the study analyzes the volumes and objectives of the measures taken by the United States of America, some European countries (Germany, Hungary) and the Russian Federation. Based on these findings, the research explores the consistency of the anti-crisis policy of the government of the RA with the demands of our times and the Armenian reality.

The report is available in Armenian here.