Thursday, July 16 2026 12:16
Alina Hovhannisyan

RA government to allocate AMD 1.035bln more to co-finance subvention  programs in the country`s regions

RA government to allocate AMD 1.035bln more to co-finance subvention  programs in the country`s regions

ArmInfo.  The government will allocate an additional 1.035 billion drams to co-finance subvention programs in the country's regions. The corresponding decision was  made at a Cabinet meeting on July 16.

Presenting the project, Deputy Minister of Territorial Administration  and Infrastructure Armen Simonyan noted that with the adoption of  this decision, the volume of state co-financing will reach 8.3  billion drams, and the total cost of program implementation in 2026  will be 15.6 billion drams.

Specifically, 1.035 billion drams will be allocated to the  implementation of nine subvention programs in eight communities. As  he noted, 1 program worth 157.1 million drams will be implemented in  the Ararat region, 1 program worth 31.9 million drams in the Armavir  region, 1 program with a budget of 310.4 million drams in  Gegharkunik, 2 programs with a budget of 67.6 million drams in Lori,  1 program worth 143.9 million drams in Syunik and 3 programs with a  budget of 320.3 million drams in Tavush.