Economy

Government allocates $3.45 million for subvention programs

1 minute read

Government allocates $3.45 million for subvention programs

The Armenian government has allocated 1.255 billion drams ($3.45 million) in state co-financing for nine subvention programs in seven communities.

The decision was adopted at the government meeting.

Minister of Territorial Administration and Infrastructure David Khudatyan said the funds will be provided from the state budget to co-finance the programs.

Two projects are in Armavir Province, three in Gegharkunik Province, two in Lori Province, one in Kotayk Province and one in Vayots Dzor Province.

Khudatyan said that, including the latest allocation, the government will have provided 10.9 billion drams from the 2026 budget to co-finance subvention programs across communities throughout Armenia.

AREMNPRESS

9 Abovyan St, Yerevan 0001, Armenia

fbtelegramyoutubexinstagramtiktokdzenspotify

For full or partial reproduction of any material in other media it is required to acquire written permission from Armenpress news agency.

© 2026 ARMENPRESS

Created by: MATEMAT