Thursday, July 4 2019 13:36
Alexandr Avanesov

Armenian government to send about 4.9 billion drams to reset the  debts of water users` companies

Armenian government to send about 4.9 billion drams to reset the  debts of water users` companies

ArmInfo.The Armenian government will send about 4.9 billion drams to reset the debts of water users' companies. The decision was taken at a meeting of the Cabinet on July  4.

Presenting the draft decision, Minister of Territorial Administration  and Infrastructures of the Republic of Armenia Suren Papikyan noted  that the water supply system in Armenia is one of the most  problematic.  Over a long period of time, huge debts have accumulated  in it. For a number of offenses, law enforcement agencies of the  republic conduct investigative measures. Only in 2018, the minister  stressed, the water user companies had a debt to "Ameriabank" in the  form of a loan of 6.9 billion drams. For a long period of time, water  user companies, as a rule, by the end of the year attracted credit  resources of the bank to pay debts for electricity used in the  previous year.

The situation was not saved by the decision of the government that  provided water users' companies with 7.4 billion drams last year to  improve the situation in the system, since these funds were also used  to pay off the debts of the previous year. As a result, Suren  Papikyan stated, the debts are not reset, and the system does not  improve. The new decision of the Cabinet provides for writing off  part of the debts of water users' companies, and sending another part  to pay off debts. Thus, as expected, by the fall of this year, all  debts will be cleared, and the system will finally enter the recovery  phase. The minister also said that a draft law was being prepared,  according to which all payments for irrigation and drinking water  would be made by bank transfer, which would ensure transparency in  the water use system.

It should be noted that earlier the General Prosecutor's Office of  the Republic of Armenia conducted research in water users' companies,  on the basis of which offenses of 2.8 billion drams were revealed.   Basically, these violations are associated with fictitious  contracting.

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