ArmInfo. Starting from 2018, the financing of the regions of Armenia will be increased - 70% of the funds will be used to implement economic development programs, 30% will be allocated to social programs and the creation of infrastructures. This was stated by the Minister of Territorial Administration and Development of Armenia David Lokyan on July 19, speaking at the conference on territorial development on the theme "Uniting efforts to activate strategic goals, regional and local players."
According to him, the government recently approved development programs for 10 regions of the republic.
The long-term process, he noted, has entered the final stage and is already moving away from the development of the program in the field of its practical application. "Funds for territorial development will be allocated from the republican budget, then the relevant ministries, coordinating with the governors, will make investments in the regions," Lokyan said. In general, in the context of the Development Strategy for 2017-2025 in the regions of Armenia, it is planned to increase the financing of the regions from 2018: 70% of the total amount of financing will be directed to economic development programs that will lead to GDP growth, create new jobs, and 30% will allocate for infrastructure programs and social programs.
At the same time, as the minister stressed, the territorial administration can not be productive without activating local players. "We can not implement a serious economic program without the active participation of communities.The criteria for financing the communities from the government will be very strict," he said. On July 6, the Armenian government approved the strategy for the development of the regions of the republic for 2017-2025, the implementation of which will ensure a uniform development, increase of competitiveness, comparison of programs in the context of territorial development and expected budgetary support from the European Union. Until 2025, as part of the strategy, it is planned to increase the number of people informally engaged in agriculture by 10%, create about 50-60 thousand new jobs in the regions with the lowest GDP per capita, and close the gap between the regions and Yerevan.