Armenian government to allocate AMD 1.582bln for cofinancing       subvention programs 

ArmInfo. The Armenian government will allocate 1.582 billion drams to co-finance subvention programs in the country's regions. The decision was made at a Cabinet meeting on October 9.

As Deputy Minister of Territorial Administration and Infrastructure  of the Republic of Armenia Armen Simonyan noted in his speech, the  funds will be allocated to regional administrations to co-finance 26  subvention programs implemented in 24 communities across the country.  The financial resources will primarily be used to fulfill financial  obligations to the relevant construction organizations.