YEREVAN, JUNE 19, ARMENPRESS. The process of implementing investment programs in Armenia’s provinces and communities has been launched aimed at reducing disparities of socio-economic development and community development programs of provinces and communities, Armenpress reports citing the government’s 2017-2022 action program which has been approved by the Cabinet and submitted to the Parliament.

According to the program, a package of legislative reforms has been developed within the frames of Clean Armenia program aimed at solving the existing problems in waste management field, as well as an action plan has been prepared the consistent implementation of which will result in changing today’s reality.

In the upcoming 5 years the government plans to develop and implement the provincial strategies and operational program in territorial administration field, to initiate socio-economic development programs at the expense of state funds and other financial sources, to assess the impact and effectiveness of policies developed by the executive bodies.    

In particular, by the end of 2017 it is planned to adopt the 2017-2025 development strategies of provinces and the first operational program by attaching importance to state-community-private sector partnership mechanisms, to install a system of provincial development funds until the end of 2017, to form the funds at the expense of the state budget, grants and other funding sources. By the end of 2017, various programs will be implemented jointly with the EU and UNDP aimed at ensuring economic development in provinces.

In 2018-2022 the government will continue the social and economic assistance programs in bordering communities. The government mainly subsidizes the bordering community residents’ consumed electricity, gas, water bills, and fully compensates land and property taxes.