Armenian government will allocate over 1 billion drams for 15 subvention projects in regions

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27.11.2025, 14:57

At a meeting on Thursday, the Armenian government approved the allocation of 1.7 billion drams to co-finance 15 subvention projects in 12 communities for infrastructure development.

Armenian government will allocate over 1 billion drams for 15 subvention projects in regions

YEREVAN, November 27. /ARKA/. At a meeting on Thursday, the Armenian government approved the allocation of 1.7 billion drams to co-finance 15 subvention projects in 12 communities for infrastructure development.

According to Deputy Minister of Territorial Administration and Infrastructure Kristine Ghalechyan, two projects will be co-financed in Ararat Province (234 million drams), three in Armavir Province (246 million drams), two in Gegharkunik Province (168 million drams), three in Kotayk Province (191 million drams), four in Syunik Province (715 million drams), and one in Vayots Dzor Province (152 million drams).

Furthermore, the deputy minister announced that, with today's decision, the amount of budget co-financing for 2025 amounts to 18 billion 76 million drams.

Prime Minister Nikol Pashinyan stated that the important role of infrastructure has always been emphasized in the economic development strategy.-0-

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