Monday, June 27 2022 18:21
Naira Badalian

Government of Armenia approves regular applications for  implementation of subvention programs in 7 regions of country

Government of Armenia approves regular applications for  implementation of subvention programs in 7 regions of country

ArmInfo. Led by Deputy Prime Minister Hambardzum Matevosyan, discussions of program applications for subsidies received from Armenian communities continue.  

42 applications submitted from seven provinces were discussed and  evaluated during the regular sitting of the Interdepartmental  Commission on Evaluation of Subvention Bids for the development of  economic and social infrastructure of the communities of Armenia,  apart from the subvention programs envisaged by the state budget.  

These, for example, referred to the reconstruction and construction  of irrigation network in Zangakatun, Ararat, Paruyr Sevak, Armash and  Avshar settlements, the construction of 4500 meter water line in  Lernagog settlement, 2,545 m long asphalting works in Nor Hachn, the  renovation of kindergarten buildings in Armanis and Katnaghbyur  settlements, improvement of the central square and nearby streets of  Artik town, construction of 1400 m irrigation system in Chinar  settlement, etc.

On June 17, Minister of Territorial Administration and  Infrastructures of the Republic of Armenia Gnel Sanosyan announced at  a government meeting that in 2022 the Armenian government has already  allocated 5.9 billion drams (more than $10.3 million at the current  exchange rate) for the implementation of 249 subvention programs.  

These programs are mainly aimed at capital investments in the  improvement of streets, gardens, playgrounds in communities;  construction and repair of community houses of culture,  kindergartens; construction and repair of drinking, sewer, irrigation  conduits; implementation of night lighting, gasification of  settlements, repair of common shared property of apartment buildings  with the use of energy-saving measures, etc. According to Gnel  Sanosyan, 673 subvention programs were submitted to the  interdepartmental commission in 2021. 605 of them have been  completed, the rest are in progress. In 2022, 461 applications were  received, of which 319 (in the amount of more than 30 billion drams)  were discussed and only two applications were not approved

POST A COMMENT
Input digits     


News
About 700 Armenian heavy cargo trucks waiting to pass through Upper  LarsAbout 700 Armenian heavy cargo trucks waiting to pass through Upper  Lars
Armenian Economy Ministry, several U.S. government departments form  specific action program Armenian Economy Ministry, several U.S. government departments form  specific action program 
Public TV`s First News Channel to be broadcasted not only in Yerevan,  but also throughout countryPublic TV`s First News Channel to be broadcasted not only in Yerevan,  but also throughout country
Ardshinbank cardholders can now enjoy a 10% cashback!Ardshinbank cardholders can now enjoy a 10% cashback!
ECC, EDB to coordinate funding of joint projects ECC, EDB to coordinate funding of joint projects 
Broadcasting of Russian TV channels to be discussed in Moscow soon Broadcasting of Russian TV channels to be discussed in Moscow soon 
Armenia to host World Wine Tourism Conference,Armenia to host World Wine Tourism Conference,
CBA forecasts 5.5% or 6.4% GDP growth for 2024 depending on inflation  rate  CBA forecasts 5.5% or 6.4% GDP growth for 2024 depending on inflation  rate  
Three Sad Stories about FraudstersThree Sad Stories about Fraudsters
Rafayel Gevorgyan: Armenia`s economic growth potential is 6%Rafayel Gevorgyan: Armenia`s economic growth potential is 6%
TEAM already has over 1 million mobile subscribersTEAM already has over 1 million mobile subscribers
Armenia`s ministry of economy proposes new SAFE format Armenia`s ministry of economy proposes new SAFE format 
CBA Governor: Over 11 thousand Artsakh refugees employed in ArmeniaCBA Governor: Over 11 thousand Artsakh refugees employed in Armenia
Armenian economy is approaching neutral interest rate level- Martin  GalstyanArmenian economy is approaching neutral interest rate level- Martin  Galstyan
CBA: external inflationary impact on Armenian economy continues to  weaken significantlyCBA: external inflationary impact on Armenian economy continues to  weaken significantly
Martin Galstyan: It`s too early to talk about threat of overheating  in consumer lending marketMartin Galstyan: It`s too early to talk about threat of overheating  in consumer lending market
Non-cash transactions surpass cash ones in Armenian plastic card  marketNon-cash transactions surpass cash ones in Armenian plastic card  market
CBA reduces refinancing rate by 0.25 pp. setting it at 8.5%CBA reduces refinancing rate by 0.25 pp. setting it at 8.5%
After construction of alternative route, Lars to become passable all  year round - Deputy MinisterAfter construction of alternative route, Lars to become passable all  year round - Deputy Minister
3,780,052 Drams to the City of Smile Fund: The Power of One Dram Will Go to My forest Armenia in March3,780,052 Drams to the City of Smile Fund: The Power of One Dram Will Go to My forest Armenia in March
Global Finance Recognizes Ameriabank`s Leadership in Sustainable Finance in ArmeniaGlobal Finance Recognizes Ameriabank`s Leadership in Sustainable Finance in Armenia
Project to create unified gas market in EAEU postponed until 2027Project to create unified gas market in EAEU postponed until 2027
Amounts exceeding maximum social payments from several sources to be  returned to individualsAmounts exceeding maximum social payments from several sources to be  returned to individuals
Finance Minister considers leaving EAEU riskyFinance Minister considers leaving EAEU risky
Gevorg Papoyan: There cannot be systemic corruption in Ministry of  EconomyGevorg Papoyan: There cannot be systemic corruption in Ministry of  Economy
Minister of Economy: I see no objective reasons for closure of Upper  Lars to Armenian goodsMinister of Economy: I see no objective reasons for closure of Upper  Lars to Armenian goods
Araratbank plans to implement ESG risk management strategy with  environmental, social and corporate management Araratbank plans to implement ESG risk management strategy with  environmental, social and corporate management 
Well-being and future are impossible without compliance with ESG -  Araratbank rep Well-being and future are impossible without compliance with ESG -  Araratbank rep 
Armenia should completely switch to renewable energy - Jon Dee Armenia should completely switch to renewable energy - Jon Dee 
Connection with Europe via Georgia Armenia`s energy priority -  officialConnection with Europe via Georgia Armenia`s energy priority -  official
Half Price for Everyone and up to AMD 15.000 Welcome Bonus for New Customers. IDBankHalf Price for Everyone and up to AMD 15.000 Welcome Bonus for New Customers. IDBank
Armenia`s economic activity increased by 10.7% per annum in Jan 2024Armenia`s economic activity increased by 10.7% per annum in Jan 2024
Deputy PM: there is need to review current water resources management  policyDeputy PM: there is need to review current water resources management  policy
Armenia`s premier meets with Egyptian businessmen Armenia`s premier meets with Egyptian businessmen 
Hovak Hovakimyan: We should not limit ourselves to domestic market in  development of Armenia`s capital marketHovak Hovakimyan: We should not limit ourselves to domestic market in  development of Armenia`s capital market
Garegin Gevorgyan: Armenia can become trading hub for foreign  securitiesGaregin Gevorgyan: Armenia can become trading hub for foreign  securities
Doing Digital Forum Returns Featuring Brett King as Keynote SpeakerDoing Digital Forum Returns Featuring Brett King as Keynote Speaker
Decline in Armenia`s consumer prices was caused by food products;  while prices for services and gasoline were on riseDecline in Armenia`s consumer prices was caused by food products;  while prices for services and gasoline were on rise
FLYONE ARMENIA offers number of new destinations this summerFLYONE ARMENIA offers number of new destinations this summer
Gevorg Papoyan appointed Armenia`s minister of economyGevorg Papoyan appointed Armenia`s minister of economy
Samvel Khanvelyan: Armenia`s domestic debt market is Samvel Khanvelyan: Armenia`s domestic debt market is "limping" in  terms of investment base and structure 
Armenian capital market is at its initial stage of development -  Deputy MinisterArmenian capital market is at its initial stage of development -  Deputy Minister
Armenia should be among world leaders in a number of technological  areas - expertArmenia should be among world leaders in a number of technological  areas - expert
Google Pay is now accessible for Armswissbank Mastercard cardholdersGoogle Pay is now accessible for Armswissbank Mastercard cardholders
Number of vPOSs in Armenia already exceeds 4.5 thousandNumber of vPOSs in Armenia already exceeds 4.5 thousand
2-3 nuclear power units with capacity of 200 MW each would make it  possible to more effectively manage country`s energy system - PSRC  Chair2-3 nuclear power units with capacity of 200 MW each would make it  possible to more effectively manage country`s energy system - PSRC  Chair
ADB to provide  $3 million grant to Armenia to increase agricultural  flexibility and improve food security in rural areasADB to provide  $3 million grant to Armenia to increase agricultural  flexibility and improve food security in rural areas
By accepting 20% stake in MTS Armenia as gift, government sends  message to other companies:  PashinyanBy accepting 20% stake in MTS Armenia as gift, government sends  message to other companies:  Pashinyan
Micro-processing cards with NFC chip account for almost 70% of total  number of cards in Armenia, already reaching 2.6 millionMicro-processing cards with NFC chip account for almost 70% of total  number of cards in Armenia, already reaching 2.6 million
A Millionaire Wanted: New Draw from IdramA Millionaire Wanted: New Draw from Idram
PSRC: construction of Mets Masrik  industrial-scale solar power plant  in Armenia is nearing completionPSRC: construction of Mets Masrik  industrial-scale solar power plant  in Armenia is nearing completion
Wizz Air launches Budapest-Yerevan-Budapest direct flights Wizz Air launches Budapest-Yerevan-Budapest direct flights 
Temporary ban on gasoline exports from Russia will not affect ArmeniaTemporary ban on gasoline exports from Russia will not affect Armenia
14 Armenian tech companies participate in Mobile World Congress in  Barcelona14 Armenian tech companies participate in Mobile World Congress in Barcelona
Tax authorities propose not to tax labor migrants with annual income  of up to AMD 12 million Tax authorities propose not to tax labor migrants with annual income  of up to AMD 12 million 
Gnel Sanosyan: potential of industrial companies and specialists of  Armenia is growingGnel Sanosyan: potential of industrial companies and specialists of  Armenia is growing
ADB signed sale and purchase agreement with Bank of Georgia in  respect of its shares in AmeriabankADB signed sale and purchase agreement with Bank of Georgia in  respect of its shares in Ameriabank
Founder of ABBYY Group, David Yang, to Speak at Armenia`s First  Investment and Financial ForumFounder of ABBYY Group, David Yang, to Speak at Armenia`s First  Investment and Financial Forum
Armenia`s economic activity increased by 10.7% per annum in Jan 2024Armenia`s economic activity increased by 10.7% per annum in Jan 2024
Gevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in ArmeniaGevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in Armenia
Read more


Exchange rates
18.03.2024
RUB4.37-0.01
USD401.96-0.67
EUR438.10-0.36
GBP511.98-1.33
CAD296.82-0.70
JPY26.96-0.10
CNY55.84-0.11
CHF455.17-0.60