Time in Yerevan: 11:07,   19 March 2024

Government approves diesel fuel subsidy program

Government approves diesel fuel subsidy program

YEREVAN, FEBRUARY 22, ARMENPRESS. The Armenian government approved the program of acquiring diesel fuel at affordable prices for agricultural land users, reports Armenpress.

Deputy minister of agriculture Robert Makaryan said according to the information provided from the governorates, the demand of diesel fuel for agricultural activities comprises up to 6 million liters for 2018.

“In order to implement the program, it is planned to provide up to 360 million drams to the agriculture ministry from the government’s reserve fund in 2018”, the deputy minister said.

Under the 2018 state budget, the government had no plans to subsidize the diesel fuel, but due to the increase in excise tax by the Tax Code, the price of diesel fuel increased, and the government made a decision to again make a subsidy.

English – translator/editor: Aneta Harutyunyan








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