Armenian Ministry of  Economic  Development and Investments in 2017 will be funded from the budget AMD 342 mln, or 11, 4 % less than in 2016

ArmInfo. According to the Draft Budget 2017, an amount of AMD 2 bln 649 mln is planned to allocate for projects under implementation of the Ministry of г Economic Development and Investments. In comparison with  2016  indicators, funding will drop down for AMD 342 mln, or 11, 4 % . 

The allocated assets will be particularly drawn to the implementation of the state support project, implemented by the Small and Medium Business National Center  of Armenia. The project of tourism services support will be funded with AMD 100 mln versus 188.4 mln in 2016, AMD 400 mln versus AMD 409 mln in the current year, will be rendered for Armenian Development Fund.

The Project on improvement of the informational technologies services will be funded with AMD 98,7 mln, and the project on " Gyumri and Vanadzor Technological Centers Performance" will be fed with AMD 150.5 mln, which is AMD 2.4 less than this year. The expenditures on arrangements of the Informational Technologies Global Conference will be covered with AMD 94.5 mln.

It is planned also to allocate AMD 21 mln (3rd part) versus AMD 16,9 mln in 2016 (2nd part) for  the improvement of the investment climate in Armenia, within te project on "Informational Environment Refomrs"

For the development of standardization services an amount of AMD 14,1 mln will be allocated versus 14,3 in 2016. AMD 15 mln, which is twice shorter than the same for 2016, will be drawn to the Metrology and Technical Requirements Control Project. Th e system of the state accreditation will receive AMD 13,9 mln - the same  with 2016, and the Economic Research Center - AMD 27, 3 mln versus 28,1 in 2016.

An amount of AMD 898 mln, or AMD 15 mln less of that of 2016 wil be allocated for the ministries needs, 832,5 of which will be drawn to salaries of 280 employees.