Government Announces Funding for Subsidy Programs in Various Communities

The government has decided to allocate 1.412 billion drams to the marzpetarans of Aragatsotn, Gegharkunik, Lori, Kotayk, Shirak, Syunik, and Tavush regions for the implementation of subsidy programs during its meeting on February 2.

The funds will be used to fulfill financial obligations to relevant construction organizations. This decision implies a reduction of the state budget of the Republic of Armenia by approximately 1,412,571.9 thousand drams.

The Minister of Territorial Administration and Infrastructure, Gnel Sanosyan, presented the project and stated that the money would cover the government’s share for 25 programs in 17 communities, with 19 of these being 2022 programs.

Specifically, 3.5 million drams will be allocated for one project in the Aragatsotn region, 81.5 million drams for one project in Gegharkunik, 30 million drams for two projects in Lori, 185 million drams for ten projects in Kotayk, 548 million drams for four projects in Shirak, 198 million drams for four projects in Syunik, and 366 million drams for three projects in Tavush.

Gnel Sanosyan highlighted the significance of the 447 million drams allocated for programs in Gyumri, stating, “With this program, we have installed solar stations with a capacity of 30 to 50 kW on the roofs of 50 public service organizations in Gyumri. This is a great initiative in terms of electricity savings and green energy.”