YEREVAN, JULY 23, ARMENPRESS. As Armenian corporations reopen after the long coronavirus-induced closure, monetary and commercial managers (F-BL) are reaching an agreement with a new business environment characterized by declining expected revenue and reconfigured offices. However, corporations still face a skeptic who remains concerned about returning to the office safely, Armenia’s Ministry of Economy told Armenpress.
According to the COVID-19 joint review of the Ministry of Economy of the Republic of Armenia and PwC Armenia, the maximum F-BL (80%) All territories are expected to minimize their income and profits. Even in countries with a more positive outlook, F-BL sees it as evidence that the economic effect in COVID-19 will decrease income and profits, with F-BL in Armenia (60%), Switzerland (80%) , Denmark (73%) Germany (66%) everyone expects a minimum.
“The COVID-19 joint review is ready only for the Ministry of Economy of the Republic of Armenia and exclusively to monitor the intentions and priorities of Armenian monetary leaders on the COVID-19 epidemic with the terms agreed by the Ministry of Economy,” Avag said. Avanesyan, Deputy Minister of the Ministry of Economy of the Republic of Armenia.
The effects of the survey recommend that the urgency of cutting costs and cutting prices remains relevant. Among F-BOOs in all jurisdictions reporting that they make plans to collect control measures, capital investments are maximum maximums, probably deferred or canceled, led through F-BL in Mexico (97%) Armenia (75%). F-Bs in the Middle East mean they are higher likely for layoffs, which is consistent with the fact that they are higher likely (70%) to cite canceled or deferred labor investments. In Armenia, this percentage is 38%. Capex is also the first selection to be postponed or cancelled in all sectors, led by commercial production and 93% of F-BL cars.
Other positive aspects come with companies’ confidence in their ability to protect their painters. In fact, almost two-thirds (64%) respondents are “very confident” that their company can help create a painting environment for painters and reconfigure painting sites to announce physical distance (55%). In Armenia, these measures were discussed between 70% and 20% of respondents, respectively.
“Given the unprecedented nature of this global pandemic, it is transparent that staff are heavily involved in being able to stay fit and safe because they are asked to return to their offices and paint locations,” said Inga Shakhnazarova, director of customers at PwC and Markets in Armenia. “The most important thing business leaders can do to address their employees’ considerations is to talk and transparently about how they paint behind the scenes to ensure their safety, fitness and employment.”
Significantly, relatively few global F-LL (18%) plan to postpone or cancel investments similar to virtual transformation. At the industry level, this ranged from 24% of F-BL of energy, utilities and resources to only 11% of F-BL for technology, media and telecommunications. This general reluctance is not surprising, given that virtual transformation is expected to play a vital and critical role in the final stages of the mobilization-stabilization-crisis reaction process, especially when organizations accelerate automation or other new on-site operating tactics, touch tracking technologies to protect certain offices and seek to create more embedded and technology-based chains of origin.
PwC has created Check-In with Automatic Contact Tracing, a tool that allows companies to temporarily identify and alert workers who may have been in contact with a colleague who has tested positive for COVID-19.
“As more and more corporations open up, THE F-BL accepts a new truth and manages its expectations accordingly,” said Alexey Rusanov, PwC Managing Director for Armenia. how to operationalize their operations in a new environment that should take into account the calculated dangers of exploiting this crisis. »»
Research Limitations of Armenian Responses FB-L: The method implemented in the existing survey requires that a safe number of respondents have to provide their responses from each territory (usually at least 30). Since the number of Armenian responses was less than 30, we provide Armenian FB-L data as indications and emotions and not as statistically reliable data. Users of this report acknowledge that if the number of respondents had been higher, other effects could have been received. You can view all effects and data by visiting: https://www.pwc.com/am/en/publications/pwc-covid-19-cfo-pulse-survey.html.
The overall effects of COVID-19 as a whole of the Ministry of Economy of the Republic of Armenia and PwC Armenia bring together the prospects of 870 CFO in more than 24 countries and territories.
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