
Armenian government allocates over ֏2.4 billion for subvention schemes
The Armenian government on Thursday decided to allocate over ֏2.4 billion for the implementation of subvention schemes.
Speaking at today's cabinet meeting, Territorial Administration and Infrastructure Minister Gnel Sanosyan said the funds would be used to implement 20 subvention projects in 19 communities.
In particular, 219 million drams will be allocated for two projects in Aragatsotn Province, 650 million drams for 4 projects in Ararat Province, 266 million drams for 6 projects in Armavir Province, 413 million drams for 4 projects in Lori Province, 182 million drams for two projects in Kotayk Province, as well as 128 million drams and 167 million drams for Syunik and Tavush Provinces, respectively.
The government co-financing for the implementation of subvention projects has reached ֏10 billion this year.
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