ArmInfo. About AMD 23.638bln of the AMD 41.009bln budgeted for 2022 (a 26.9% increase as compared with the 2021 adjusted budget) will be used to cover agricultural expenses, RA Minister of Economy Vahan Kerobyan stated at preliminary hearing of the 2022 draft budget by the standing parliamentary committees. The discussions may result in an increase in the total amount, he said.
Thus, a 34.9% increase in allocations for agricultural programs is expected next year as compared with this year. The funds will be allocated to intensive gardening programs, wine-making and cattle-raising development, participation in sectoral exhibitions, creation of a grapevine planting stock list. Specifically, a total of AMD 12,828.7mln is expected to be allocated to the agricultural stimulation program, which is aimed at increasing agricultural produce and processed food. About 67,000 economic entities will be subsidized under the program.
A total of AMD 2.692bln is budgeted for a veterinary services program, with a total of 4,593.5mln budgeted for agricultural modernization and 2,289.6mln for infrastructure restoration and development. Also, a total of 1,019.4mln is budgeted for a rural infrastructure support program. A total of AMD 144.3mln is budgeted for a plant growing and protection program, which is aimed at improving the quality of agricultural produce. Under the program, a total of 220 000 hectares will be checked, with agrochemical maps to be provided for 25 settlements, with relevant laboratory research. According to Kerobyan, in 2022 the state subsidizing of the risk insurance program in the agricultural sector will be continued - 325 million drams will be allocated. As noted in the draft budget, in 2021 the list of crops eligible for insurance for the agricultural year and regions covered by the program was expanded to include potatoes, plums, watermelons / melons. As of March 31, 2021, insurance companies signed 2,581 insurance contracts, the insurance premium amounted to about AMD 439.3 million, of which the subsidized amount was about AMD 256.6 million. As a result of the contracts concluded, the insured area of the sown gardens amounted to 3,952 hectares. The process of concluding agricultural insurance contracts continues. 2021 The relevant budgeted amount is AMD 500mln .
According to the 2020-2030 government strategy, the gross agricultural output is expected to reach AMD 1,430bln. "We have harmonized our actions and programs to achieve the targets," the minister said.
