YEREVAN. – At the moment, the banks and credit organizations of Armenia have revised—for anti-crisis purposes—about 550,000 individuals’ liabilities to 682bn drams in loans, in the amount of 45 billion drams. Prime Minister Nikol Pashinyan stated about this at Thursday's Cabinet meeting of the government.

"That is, they have issued loan [repayment] holidays. In addition, a loan [repayment] holiday has been provided to 17,400 legal entities on a 640bn drams loan in connection with 57bn drams in current liabilities,” he added.