Thursday, March 31 2022 14:51
Naira Badalian

Government to allocate 3 billion 114 million AMD for construction of  1 road section and 2 bridges

Government to allocate 3 billion 114 million AMD for construction of  1 road section and 2 bridges

ArmInfo.A regular Cabinet meeting took place today, chaired by Prime Minister Nikol Pashinyan, the press service of the RA Government reports.

The Government adopted a decision to ensure the implementation of  "Reconstruction of Roads of Republican Importance", as well as  "Reconstruction of Transport Facilities" measures of the state-funded  "Road Network Improvement" program. Accordingly, financial means will  be allocated for the reconstruction of the Karinj, Marts, Ahnidzor,  Lorut. Shamut and Atan sections of the M6-Atan republican road,  reconstruction of the bridge on the Yerevan - Sevan - Ijevan - border  of Azerbaijan M4 road, section of Pthghni, Abovyan, and  reconstruction of the bridge located in Teghut of Tavush Province, on  the Yerevan-Sevan-Ijevan-border of Azerbaijan M4 road. In total, the  decision envisages allocating 3,114,231,008 AMD. Referring to the  decision, Nikol Pashinyan attached importance to the reconstruction  works of roads and bridges. Then the Prime Minister inquired about  the progress of the reconstruction or repair of the 500 km of roads  planned for this year.

Nikol Pashinyan also referred to capital expenditures, emphasizing  the need to implement them with high discipline in order to ensure  proper economic activity. The Prime Minister noted that at the  moment, based on the results of last year, there are opportunities to  finally reach a new benchmark for capital expenditures.  Minister of  Finance Tigran Khachatryan noted that based on the results of 2021,  218 billion AMD or 92.3% performance of the adjusted capital  expenditures has been recorded. "That's the highest index ever, we do  our best to ensure no less performance for this year's work. One  question that has arisen especially in connection with macroeconomic  uncertainties and possible tax reductions related to it. We have  clarified for all our partners, including the International Monetary  Fund and all other financial institutions working with us to  understand the annual plan, that if there are such tax cuts, we will  raise additional funds that, and it will not affect the performance  of our expenditure commitments in any way. In other words, we will  execute the expenditures in full", Tigran Khachatryan said.

Responding, the Prime Minister noted that it's a very important  message to our economic environment. "By the way, we have again  envisaged unprecedented amounts of capital expenditures - 350 billion  AMD. There has never been such an indicator, and regardless of  anything, we will execute those capital expenditures."

At today's Cabinet meeting, Nikol Pashinyan referred to the  inspections carried out within the framework of the criminal case  initiated in the Ministry of Emergency Situations. "You know that  this week, I think two or three days ago, law enforcement agencies  conducted searches at the Ministry of Emergency Situations as part of  a criminal case being investigated by the Anti-Corruption Committee.  At the moment, there are arrested people over that case, the Minister  of Emergency Situations Andranik Piloyan is also arrested. I say this  with sorrow, it is a very sad fact. We, of course, have no right to  disrespect anyone's presumption of innocence in any way. But I also  want to record, to express my attitude, that we have publicly assumed  zero tolerance for corruption. It is very important that we maintain  that position consistently and firmly, which does not predertermine  anything, preliminary investigation has still to take place, finally,  the case must be submitted to the court and it will be possible to  draw conclusions only after the court decision entering into force.  This is not a pleasant situation, but I think the obligations before  the society, the rule of law, the equality of all before the law are  much more important. I am convinced that the investigation will be  conducted in an objective manner, in accordance with the letter and  spirit of the law. All the guilty will be punished according to the  law, if their guilt is found out or proven", the Prime Minister said.