Government Allocates 97 Million AMD to Provide Textbooks for War-Affected Students in Armenia
The government allocates 97 million AMD to cover textbook costs for students affected by the war in Artsakh. The funds will cover grades 5-12, with additional funding for future academic years. Textbook expenses for grades 1-4 are already covered by the state budget.
EU Allocates 500 Million Euros to Strengthen European Defense Industry and Boost Production Capacity
“The European Union allocates 500 million euros to strengthen European defense industry capabilities. The funding aims to increase production capacity to 2 million units per year by 2025, promoting technology integration and industrial cooperation. Additional programs with a budget of about 2 billion euros are also launched,” announced the EU spokesperson.
“IMF to Provide $3.1 Billion Lifeline to Ukraine in 2024 Amidst Russian Aggression, as Country Faces Dire Humanitarian Crisis”
IMF to provide $3.1B to Ukraine in 2024, as the country faces humanitarian crisis due to Russian aggression. Millions forced to flee, children displaced.
“Government to Provide 3.5 Billion Drams in Financial Aid to 70,000 Artsakh Conflict Victims”
The government allocates 3.5 billion drams from the state budget for financial assistance to 70,000 people affected by the Artsakh conflict, including monthly payments and communal services. More aid is planned for 100,000 residents, requiring 30 billion drams.
“Government Approves Multi-Million Dram Allocation to Support Rural Financial Programs in Armenia”
Government approves allocation of 486 million drams for agricultural loan subsidies, ensuring support programs implementation and agricultural production continuity. Total program budget is 7.98 billion drams with remaining balance not enough to fulfill obligations until year-end. Additional loans expected in 2022. Additional 505.2 million drams needed to fulfill obligations by November.
“Glorious Revival: Kobayr Monastery’s Dining Hall Renovation Nears Completion with a Whopping 150 Million Drams Investment”
The dining hall at Kobayr Monastery is getting a facelift. With over 150 million drams invested, the renovation work is nearly done. Find out more in the government’s report.