ArmInfo. The European Commission will provide Armenia with 15 million euros to overcome the socio-economic difficulties caused by the influx of refugees from Nagorno-Karabakh. At a meeting on June 20, the RA Government approved a draft decree of the RA President on the approval of the agreement on budget support, signed on February 15 and April 16 of this year.
According to Deputy Prime Minister of the Republic of Armenia Mher Grigoryan, loan funds will be used to support the social and economic sustainability of the Republic of Armenia, contribute to the short- and medium-term program of the RA government to solve the problems of internally displaced persons from Nagorno-Karabakh, their long-term socio-economic integration. The program is financed from the EU budget within the framework of the Neighbourhood, Development and International Cooperation Instrument. There are no plans for co-financing from the Armenian side.
It is envisaged that financial resources will be used to resolve issues related to providing one-time assistance to refugees, paying for temporary housing and utility costs. The target beneficiaries of the program will be women and socially vulnerable groups of the population. It is also envisaged to provide assistance to refugee-hosting communities in restoring socio-economic infrastructure.
