Armenia to open off-budget account to manage PM’s Zayed Award prize

The Government of Armenia has approved a decision allowing the Prime Minister’s Office to open an off-budget deposit account to manage the $500,000 prize awarded within the framework of the 2026 Zayed Award for Human Fraternity.

The decision establishes the legal basis for managing the funds and aims to ensure transparency in their management, as well as their targeted use, the press service of the Government said in a statement.