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Inter-agency commission approves 483 projects with a total budget of 23.76 billion

27.08.2019, 18:10
Armenian Minister of Territorial Administration and Infrastructures Suren Papikyan had a working meeting today with governors and some deputy ministers, the press service of the ministry said.

Inter-agency commission approves 483 projects with a total budget  of 23.76 billion
YEREVAN, August 27. /ARKA/. Armenian Minister of Territorial Administration and Infrastructures Suren Papikyan had a working meeting today with governors and some deputy ministers, the press service of the ministry said.

It said an inter-agency commission for the assessment of applications for subventions had earlier received 560 projects, of which 483 projects with a total budget of 23.76 billion drams were approved.

The government's co-financing for these projects will amount to 12.95 billion drams. The rest will be provided by the communities. Also another 400 million drams in investments are expected to come from other sources.

The ministry also said that communities collected a total of 25.5 billion drams in revenue in the first six months of 2019, by 3.3 billion drams more than in the same period last year. ($ 1 - 475.93 dram