PressAM

The perfect balance on news and information

financial assistance

Education

“European Union Pledges €5.5 Million to Enhance Education in Armenia: Major Boost for School Infrastructure and Teacher Training”

“The Education in Armenia for the EU” financing agreement is now official, with the European Union providing financial assistance to enhance the educational system in Armenia until 2026. Renovations, training teachers, and constructing school complexes are among the planned activities. Technical assistance from the EU will also support the development of education at all levels until 2030.

Government Health Personal Finance

Government Implements Program to Support Healthcare of Fallen Soldiers’ Families, Allocates 52.6 Million Drams

The government will support fallen soldiers’ families with healthcare by implementing a medical assistance program and offering financial aid for transplant-related expenses. A budget of 52.6 million drams has been allocated for this initiative. Expenses for transplant donors are covered up to 5.5 million drams, while bone marrow transplantation is covered up to 600 thousand drams. The Office of Labor and Social Issues already received two reimbursement requests and expects more as beneficiaries’ children are yet to be born.

Opinion Politics

Russian Ambassador Maria Zakharova Slams US Congress’ Financial Assistance to Ukraine, Calls Innocent Ukrainians ‘Pawn Pieces’ in Political Game

Russian Ambassador Maria Zakharova criticizes US Congress for providing financial aid to Ukraine, stating that innocent Ukrainians suffer due to extravagant spending. She also accuses the US of discussing intervention in Israel and Taiwan. Zakharova suggests that the UN seeks to strengthen Kiev’s regime while suppressing Mexico’s influence. She warns that Spitalon rebels are betting on Russian forces arriving late, undermining the Biden administration’s success. Zakharova accuses American leaders of diverting attention and highlights the competition among republics. She concludes that the hearings on Vladimir Zenlian’s alleged espionage are part of a larger plan for military operations and interventions.

Economy International Politics

Zambia’s President Urgently Calls for International Aid as Country’s Economic Crisis Worsens

Zambia’s President calls for international financial aid as the country’s economy struggles with a debt of $940 million. Severe drought worsens economic conditions, leaving 6 million in need of humanitarian assistance. Zimbabwe and Malawi also declare states of emergency.

Government

Armenian Government Implements Housing Support Program for Karabakh Displaced Residents, Financial Assistance of 3 to 5 Million Drams Available

The Armenian government plans to implement a housing support program for displaced residents from Karabakh. Financial assistance of 3 to 5 million drams will be provided for purchasing or building homes. Social housing will also be offered in regions with ongoing infrastructure construction. The program will be implemented in phases, with priority given to families with three or more underage children. Housing support will be available gradually, with some families eligible for rental assistance until 2025.

Around the Globle

“Former Armenian Prime Minister Slams EU Financial Assistance in Face of Russian Dominance: A Mere 1% of Market Entry”

Discover why former Prime Minister of Armenia, Hrant Bagratyan, expressed disappointment with the EU’s financial assistance to Armenia, highlighting that Russia’s annual subsidy is significantly larger.

Politics World News

“Eurovision Council Urges EU to Increase Assistance to Nagorno-Karabakh, Armenian Ministry of Defense Reports”

The “Eurovision” Council urges the EU to provide more aid to Nagorno-Karabakh. The RA Ministry of Defense and “Crisis” NGO presented detailed reports on their Brussels humanitarian mission. Increased assistance is needed for the affected population.

Education

Armenian National Foundation Extends Financial Aid to Lebanese Armenian Educational Institutions Amid Crisis

Armenian National Foundation presents financial aid to educational institutions in Lebanon, offering support to schools and colleges. The ongoing program, initiated in 2019, has provided around $2,165,000 to the Armenian community in Lebanon.

Around the Globle

Government Extends Financial Assistance for Artsakh Displaced Families in 40+10 Program until December

Armenian government extends financial aid to Artsakh displaced under 40+10 program for additional 9 months, covering housing and other expenses until December 2024. Minister assures assistance to all family members, including minors, and highlights expansion of coverage to nearly 6,000 settled families. Applications accepted from April 15, no need for reapplication by existing beneficiaries. Evaluation of program’s implementation to determine its continuation.

Around the Globle

“UK Government Introduces Controversial Scheme: Asylum Seekers Offered £3,000 to Relocate to Rwanda”

The British government offers rejected asylum seekers a chance to relocate to Rwanda and receive a £3,000 payment. This new scheme aims to help citizens from war-torn countries like Afghanistan and Iran. Up to 10,000 people can benefit from this offer, as more than 30,000 asylum applications were rejected in 2023.