In 2026, 74.5 billion drams to be allocated  for  Economy Ministry`s   projects

ArmInfo. In 2026, 74.5 billion drams will be allocated from the state budget for the Armenian Ministry of Economy's projects, as announced by Armenian  Minister of Economy Gevorg Papoyan during the hearings on the draft state budget in the National Assembly.

Specifically, he emphasized that 66 initiatives within 10 projects  will be implemented in 2026. However, the Minister expressed concern  that the funds allocated from the state budget are insufficient to  achieve the stated goals and planned projects. "We have larger  programs," Papoyan noted and added that the targets for all programs  implemented in 2025 have been exceeded, necessitating additional  financial resources. The Minister expressed confidence that the  targets set for 2026 will be met before the end of the year. "And  this is the reason why we have higher-than-planned economic growth,"  the Minister said.

Papoyan  clarified that the majority of the funds allocated from the  state budget,  will be directed toward the economic modernization  program, with 22.4 billion drams allocated to subsidize 8,600 loans  and leasing transactions for 2.4 billion beneficiaries.