Artsakh

Armenia to Provide Artsakh with $300 Million Financial Support In 2022

YEREVAN — Armenian Prime Minister Nikol Pashinyan and Artsakh (Nagorno-Karabakh) President Araik Harutyunyan met today in Yerevan to address social and infrastructure problems in Artsakh, the press service of the Armenian prime minister reported.

“After the 44-day war (in 2020 autumn), the Armenian government has been much more active in assisting Artsakh to resolve its social and economic problems,” Pashinyan was quoted as saying.

He added that the annual budget of Artsakh for 2022 is unprecedented, ‘which, in principle, is natural, because the post-war reconstruction, first of all, is very important”.

”Of course, it will require a lot of effort from us. And I think this is normal,” Pashinyan said.

He said that in 2022 the Armenian government will provide Artsakh with a budget support of about 144 billion drams (about $300 million), up from more than 100 billion drams, provided in 2021.

Artsakh President Araik Harutyunyan, in turn, said that 300 apartments have already been built and handed over mainly to the families of displaced persons.

He said the construction of another 3000 houses has also begun. The authorities have also repaired about 500 apartments and the design of about another 2000 apartments is already underway.

“The Badara-Stepanakert pipeline is already under construction, which will solve not only the drinking water problem in the capital Stepanakert, but also in the new settlements under construction, some of which are in the vicinity of Stepanakert. At the same time, the construction of Badara water reservoir has already started. Work on the Sovetar canal, which will provide an additional 3,000 hectares of land for irrigation, is nearing completion,” Harutyunyan said.

MassisPost

Share
Published by
MassisPost

Recent Posts

U.S. Company Becomes New Owner of Armenia’s Teghut Copper-Molybdenum Mine

YEREVAN -- The new owner of Armenia’s Teghut copper-molybdenum mine is a U.S. company headed…

2 days ago

Kobakhidze Highlights Relations with Armenia as Georgia Expands Its Transit Role

TBILISI -- Georgia has special relations with its three neighboring countries—Armenia, Azerbaijan and Turkey—and deepening…

2 days ago

Iranian Aviation Kerosene Import Scheme Causes Approximately $2.37 Million in Damage to the State in Case Linked to Gagik Tsarukyan

YEREVAN -- Armenia’s State Revenue Committee has released new details concerning an investigation into alleged…

2 days ago

Continued Russian Trade Restrictions Could Affect Armenia’s Social and Economic Conditions, World Bank Warns

WASHINGTON, DC -- The World Bank has warned that if Russia continues and expands restrictions…

2 days ago

New Odysseus TV Series to Film in Armenia and Greece in Early 2027

ATHENS -- A new television adaptation of Homer’s Odyssey is set to begin filming across Greece and Armenia in…

2 days ago

American Teachers Attend Armenian Genocide Education Program in Yerevan

YEREVAN -- The Armenian Genocide Museum-Institute is hosting its annual educational training program for American…

2 days ago