Armenian government to co-finance 33 community projects
Economy
14:10 22/05/2025
Armenia

Armenian government to co-finance 33 community projects

The Armenian government will allocate 713.9 million drams to co-finance 33 infrastructure development projects across 15 communities, Deputy Minister of Territorial Administration and Infrastructure Kristine Ghalechyan announced at a cabinet meeting on Thursday.

The funding will support subvention schemes in several provinces, including Ararat (5 projects, 85 million drams), Armavir (7 projects, 101 million drams), Gegharkunik (11 projects, 16 million drams), Lori (2 projects, 232 million drams), Shirak (2 projects, 16 million drams) and Tavush (6 projects, 261 million drams).

After the approval of the decision, the total subvention funding from the 2025 state budget will reach 5.046 billion drams.

Source`Panorama.am
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