ArmInfo.Armenia's government allocated a total of AMD 1.435bln (over $2.9mln) on Wednesday for completion of 15 subvention programmes launched in 2020 and 2021 in 13 communities.
The funds will be allocated to regional administrations for meeting their financial commitments to construction companies. The funds will be allocated to the following regional administrations: Aragatsotn (AMD 4mln), Ararat (AMD 42.5mln), Armavir (AMD 28mln), Gegharkunik (AMD 145mln), Lori (AMD 38mln), Shirak (AMD 23mln) and Syunik (AMD 1.181bln).
Minister of Territorial Administration Gnel Sanosyan said that the AMD 1.181bln will be directed to an energy efficiency programme in 25 residential buildings in Kajaran. The Armenian government's share is 70%, the UNDP's share is 25%, with only 5% of the funds to be provided by the local community. Of this, the Zangezur copper-and-molybdenum plant's share is 2.5%.
The minister said that 447 of the 620 subvention programmes launched in 2021 have been completed. This year 457 applications have been received (with 173 of them for construction and renovation of kindergartens) worth a total of AMD 78.2bln, which is not a final amount.
On November 18, 2021, Armenia's Premier Nikol Pashinyan reported that Armenia's government had allocated abut $400mln to communities' socio-economic development since 2018.
