Innovation

Government allocated 6,5 billion AMD for high-tech sector in 2024

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Government allocated 6,5 billion AMD for high-tech sector in 2024

The Armenian government allocated 6,5 billion drams in state support to the high-tech sector in 2024, the Minister of High-Tech Industry Mkhitar Hayrapetyan said at the Cabinet meeting on March 6. 

“Another 1,5 billion drams is allocated now, and an extra 1,5 billion drams will be allocated until March 31,” he added.

The current support program will end on March 31 and new regulations and support programs will be introduced, he said.

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