Thursday, February 16 2017 17:15
Naira Badalian

Armenian Regions to receive 1.4bln AMD

Armenian Regions to receive 1.4bln AMD

ArmInfo.By the Armeian  Government's decision by February 16, to the regions of the state  1.4bln (about $2.9mln) AMD will be allocated. 

As the Minister of Territorial Administration and Development David  Lokoyan said, the sum will be directed to project works and to the  provision of a number of subventions to communities and the  completion of unfinished construction programs.  

On February 10, during a meeting with Regional Governors the Prime  Minister of Armenia Karen Karapetyan said that for the solution of  the problems of the Armenian regions, the Government will direct 5bln  AMD from the State Reserve Fund accounts. "It is necessary to  determine the priorities and multiplier effects programs. In  accordance with the programs held, we will allocate additional funds,  considering the effectiveness of the completed work and their  clarity. The above mentioned 5bln AMD is not available in State  Baudget, It will appear in the result of State Management System  optimization", noted the Prime Minister.