Armenian government will allocate 1.6 billion drams for the implementation of 27 subvention programs in the regions

|

USD

384.44

EUR

434.11

RUB

4.8278

GEL

140.51

Economy

30.04.2025, 13:21

It is planned to allocate 1.6 billion drams for the implementation of 27 subvention programs in 17 communities in Armenia, said Armenian Minister of Territorial Administration and Infrastructure David Khudatyan.

Armenian government will allocate 1.6 billion drams for the implementation of 27 subvention programs in the regions

YEREVAN, April 30. /ARKA/. It is planned to allocate 1.6 billion drams for the implementation of 27 subvention programs in 17 communities in Armenia, said Armenian Minister of Territorial Administration and Infrastructure David Khudatyan.

“For the development of infrastructure in the communities, it is planned to co-finance 8 programs in the Ararat region, 6 in Armavir, 4 in Gegharkunik, 1 each in Lori, Kotayk and Vayots Dzor, and 3 programs each in Shirak and Tavush,” Khudatyan noted at a government meeting on Wednesday.

He also reported that quite large volumes have been recorded for previously implemented subvention programs.

“In total, 4.7 billion drams are planned to be allocated from the 2025 state budget to finance communities during the current year,” Khudatyan said.

More than 38 thousand trout fry released in Lake Sevan

Armenian Ministry of Environment’s experts have released some 38,800 lake trout fry into Lake Sevan, the press service of the ministry reported.

23.05.2025 10:47

Size of Armenia's 'shadow' economy estimated to be equal to 20% of GDP - head of SRC

The size of Armenia's 'shadow' economy is estimated currently to be equal to 20% of the country's gross domestic product, the chairman of the State Revenue Committee (SRC) Eduard Hakobyan revealed today.

22.05.2025 17:12

No Criminal Charges for Income Declaration Violators

At the moment, about 57 thousand citizens have filled out income declarations, of which 23 thousand received social loans in the amount of more than 2 billion drams, said the head of the State Revenue Committee of the republic Eduard Hakobyan.

22.05.2025 15:45

Armenia is ready to support cognac producers amid unresolved problems with exports via Georgia – Minister

The Armenian government is currently developing programs to support domestic cognac producers, which should ensure uninterrupted purchases of grapes in September-October of this year, said the Minister of Economy Gevorg Papoyan.

22.05.2025 15:08

Armenia reveals 84 billion drams of "shadow" turnover in 4 months, 146% growth

In January-April 2025, Armenia revealed 84 billion drams of "shadow" turnover, 146% growth compared to the same period in 2024, said Eduard Hakobyan, head of the State Revenue Committee.

22.05.2025 14:38

Armenian government introduces a visa-free regime for citizens of Bahrain, Saudi Arabia and Oman

On Thursday, at a regular meeting, the Armenian government decided to establish a visa-free regime for entry into the republic for citizens of Bahrain, Saudi Arabia and Oman.

22.05.2025 13:35

Construction progress of the World Trade Center in Yerevan discussed at Government

A meeting held in the government on Wednesday, chaired by Prime Minister Nikol Pashinyan, discussed the progress of the World Trade Center construction project in Yerevan.

22.05.2025 10:07

Armenia's GDP up 5.2% to 2.1 trillion drams in Q1 - official statistics

Armenia's gross domestic product (GDP) in the first quarter of 2025 recorded a 5.2% growth compared to January-March 2024, according to the National Statistical Committee (NSC).

21.05.2025 19:07