Thursday, November 18 2021 18:09
Naira Badalian

Investments in Armenia`s communities nearly $400mln since 2018 -  premier 

Investments in Armenia`s communities nearly $400mln since 2018 -  premier 

ArmInfo.Since 2018, under the subvention programmes and as direct financing, Armenia`s government has allocated nearly $400mln to communities` socio-economic  development, Prime Minister Nikol Pashinyan stated at the Nov. 18  cabinet meeting after the approval of allocation of about AMD  462.3mln to four communities under subvention programmes.  

Minister of Territorial Administration and Infrastructure Gnel Sanosyan  reported that the funds will be allocated to the implementation of  four projects approved this year, as well as to continuation and  completion of socio-economic development projects in four communities  in Lori, Gegharkunik, Aragatsotn and Shirak.  

Specifically, one AMD 9mln worth project is being implemented in  Aragatsotn, one AMD 7mln worth project in Gegharkunik, one AMD 5.2mln  worth project in Lori and one AMD 441mln worth project in Shirak. 

Under the largest-scale project being implemented in Shirak, the  Gyumri fleet of passenger vehicles will be renewed, with 63 minivans  purchased. Some of the minivans are designed for people with  disabilities. "The cost of the programme is AMD 882mln, with the  Gyumi municipality to cover 50%," the minister said.  Premier Nikol  Pashinyan noted that the budget of subvention programmes implemented  this year in cooperation with communities is AMD 47bln. Moreover, the  government is directly investing in communities. "We have summed up  the data: direct investments in communities have totaled AMD 86bln  since 2018. schools are renovated in many towns, but not under  subvention programmes. So since 2018 we have invested about US  $400mln under subvention programmes and as direct investments,"  Pashinyan said.  He stressed that the 2022 draft budget provides for  larger investments.