Armenia Provided Artsakh with a Loan of 176 Billion Drams in 2022

In 2022, Armenia provided a loan of 176 billion drams to Artsakh. This information was disclosed by Armenia's Minister of Finance Vahe Hovhannisyan while presenting the annual report on the execution of the state budget for 2022 in the National Assembly.

“The loan provided to Artsakh amounted to 176 billion drams, which was higher than originally planned. Such a level of support has never been provided to Nagorno-Karabakh before,” said the minister.

It is noteworthy that in 2021, the Armenian government granted over 100 billion drams in budgetary support to Artsakh.