ArmInfo.On December 6, under chairmanship of Prime Minister Nikol Pashinyan, the government of Armenia held discussions on applications for budget financing of state departments. Today, applications for budget financing of the Ministry of High-Tech Industry and the National Security Service of the Republic of Armenia for 2020 were discussed. According to the press service of the Prime Minister, the applications were discussed taking into account the main tasks of departments requiring urgent resolution of issues, priorities, as well as ongoing reforms.
Touching upon programs for next year, the head of the Ministry of High-Tech Industry Hakob Arshakyan stated that it is planned to retrain several thousand specialists through the establishment of strong cooperation between the private sector and universities of the country. The agency plans to implement innovative grant programs and conduct business courses.
In 2020, it is planned to introduce mechanisms to attract the potential of the Diaspora and international managers in high-tech areas, and the National Venture Fund will start. The ministry also aims to implement new projects for the development of technology parks in the regions of Armenia and to continue the construction of the Engineering City. Arshakyan recalled that following the visit of Prime Minister Nikol Pashinyan to Silicon Valley, an agreement was reached to create an "Armenian corner", where Armenian specialists will have the opportunity for professional growth and the development of their potential.
The meeting participants also touched upon programs in the military-industrial complex, in the framework of which it is planned to pay special attention to large-scale research work. Work is also underway towards the implementation of new investment programs with the participation of private companies. The meeting also discussed the budgetary allocations to the NSS of Armenia for 2020.
Earlier, ArmInfo reported that the "truncated" Ministry of high-tech industry will receive 12,371.8 million drams in 2020. Expenditures on military development will grow by 122%, reaching 6.3 billion drams. The funds will be partially directed to the implementation of research and development (R&D), and the other, taking into account the defense needs of Armenia and the possibility of accessing foreign markets, to the development of production capacities. According to the head of the department, the allocated funds will be spent on Armenia becoming an exporting country of high-tech military products. It is planned to allocate 34.5 billion drams to meet the needs of the National Security Service of Armenia, of which about 31 billion will be directed directly to the implementation of national security programs. There has been a slight increase in budget allocations to address issues related to the security of high- ranking foreign guests. 2.3 billion drams will be allocated from the state treasury to solve this problem, which is 255 million drams higher than the 2019 deductions. Basically, additional financial resources will be directed to the acquisition of new machinery and equipment, which, according to the acting head of the department, is noticeably outdated.