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Finance Government

Government Allocates Over 600 Million Drams for Financial Support of Families with Children in State Housing Program

The government has announced that it will allocate a total of 600,500,000 drams to provide financial support for families with children living in areas covered by the state housing program. This support will be given during the second and third quarters of 2024, as well as the third quarter of the year. There will be 880 beneficiaries, with 110 receiving an average of 960,000 drams each, 260 receiving an average of 40,000 drams for insurance coverage, and 510 receiving an average of 950,000 drams for funeral assistance. In the third quarter of 2024, approximately 450 beneficiaries will be identified, requiring an additional 300 million drams for their payment.

It is important to note that by 2024, the financial resources allocated to the Programs will amount to 606 million drams. However, as of May 7, 2024, a total of 868 beneficiaries have already received support, with a total payment of 605,864,935 drams. Out of these, 113 beneficiaries received 108,512,270 drams for insurance coverage, 265 received 10,854,669 drams for insurance coverage, and 492 received 486,497,996 drams for funeral assistance. These figures reflect the increasing number of Program applicants, the use of funds from the second round of funeral assistance, and support provided in the third and subsequent quarters, where the amount of support per beneficiary can reach up to 2 million drams.

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