Armenia has sufficient resources for infrastructures of Crossroads of Peace project, says finance minister

YEREVAN, NOVEMBER 15, ARMENPRESS. The Crossroads of Peace project must become reality not only as a result of Armenia’s actions but also with participation of the region’s countries, Finance Minister Vahe Hovhannisyan said in parliament when asked on the government’s planned actions for implementing the project.

“The 2024 budget envisages significant funds for infrastructure development. The budget reflects the projects, the specific work that we plan to implement next year. As you know, Crossroads of Peace must become reality not only as a result of our actions, but also with participation of the region’s countries. When such an agreement is reached, and this idea advances, we have a reserve fund which includes undistributed funds for capital expenditures. We will have sufficient means to ensure the infrastructures for that project,” Hovhannisyan said during parliamentary debates on the 2024 budget.