Friday, December 29 2023 11:41
Alexandr Avanesov

Ministry of Territorial Administration and Infrastructure reports 96% budget performance

Ministry of Territorial Administration and Infrastructure reports 96%  budget performance

ArmInfo. In 2023, the  Ministry of Territorial Administration and Infrastructure of the  Republic of Armenia received 275 billion drams from the state budget  of the country for the implementation of various programs, of which  270 billion drams were spent, Minister Gnel Sanosyan told a press  conference. 

He noted that the implementation of budget indicators, which relate  to both capital and current expenditures, was 98%. Moreover, in terms  of capital expenditures, the implementation rate turned out to be at  the level of 96%, which is an unprecedentedly high figure compared to  previous years. Sanosyan, for example, pointed to the fact that the  implementation of subvention programs was 136.7% - instead of 22  billion drams, over 30 billion drams were spent.

In the field of road construction, a very high figure was also  recorded, which amounted to 132%. It was planned to repair and build  roads worth 45 billion drams, and programs worth about 60 billion  drams were implemented. Moreover, quite good results were noted in  the area of average road repairs, for which it was planned to attract  3.5 billion drams from the state budget, but in fact 6.5 billion  drams were spent, which means 187% completion.

The minister also recalled the renovation program, for which it was  initially planned to allocate 309 million drams, but due to a  significant increase in the number of beneficiaries, these subsidies  were increased to 863 million drams, and this, as Sanosyan noted,  means 278% implementation of this program.