ArmInfo.On June 30, the Armenian government decided to allocate another 1.385 billion drams to co-finance subvention programs for the socio-economic development of the regions. According to Minister of Territorial Administration and Infrastructures of Armenia Gnel Sanosyan, the funds will be sent for co-financing of 24 subvention programs in 18 settlements. Of these, 22 have been implemented and 2 more are in progress (in Vardenis and Kapan).
58 million drams will be allocated to Arargatsotn region, 89 million drams to- Ararat region and 10 million drams to Armavir region, 353 million drams to Gegharkunik region, 34 million drams to Kotayk region, 84 million drams to Lori region , 76 million drams to Vayots Dzor region, 653 million drams to Syunik region and 24 million drams to Tavush region.
In total, 7.307 billion drams have already been allocated for the implementation of subvention programs since the beginning of the year.
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