Thursday, March 27 2025 11:59
Naira Badalian

Armenia`s government allocates AMD 2.1bln as co-funding of 23  subvention programmes 

Armenia`s government allocates AMD 2.1bln as co-funding of 23  subvention programmes 

ArmInfo.The Armenian government has allocated 2.1 billion drams to co-finance 23 subvention programs in 17 communities of the country. The decision was made on March 27 at a meeting of the Cabinet of Ministers.

As stated in the explanatory note to the document, the  interdepartmental commission for reviewing applications for subsidies  reviewed and approved 363 subsidy programs in 2022, 273 in 2023, and  242 in 2024. These applications for programs are mainly aimed at  capital investments in populated areas, in particular: improvement of  streets, parks, gardens, playgrounds, construction and reconstruction  of public buildings, cultural centers, kindergartens, assembly halls,  construction and reconstruction of drinking, sewage, irrigation water  pipes and night lighting, gasification of populated areas,  reconstruction of common shared property of apartment buildings using  energy-saving measures.