Financing of subvention programs in Armenia reached 7.3 billion drams  in 2022

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.