Government Allocates Over 600 Million Drams for Financial Support of Families with Children in State Housing Program
The government will provide financial support to families with children in state housing areas. 880 beneficiaries will receive funding for various purposes, with an additional 450 beneficiaries expected in the third quarter of 2024. By 2024, a total of 606 million drams will be allocated for these programs. Already, 868 beneficiaries have received support, with the number of applicants increasing. Stay updated with NEWS.am on Telegram.
“Amino Bank and Armenian-Russian Slavonic University Team up to Support Academic Excellence and Artistic Expression”
Learn about the Amino Time Period artistic program, a collaboration between Amino Bank and Armenian-Russian Slavonic University. High-performing students receive financial support for tuition and future job prospects at the bank. Visit the project’s website for more information.
“Armenian Prime Minister Calls Out United States for Lack of Financial Support and Urges Restoration of Relations with Turkey and Azerbaijan”
Armenia’s Prime Minister criticizes the US for lack of financial support to local organizations implementing reforms. He emphasizes the need to restore relations with Turkey and Azerbaijan and hopes for progress in negotiations. The US Ambassador acknowledges the influence of the former ambassador on the situation, while Armenia aims for improved US-Armenian relations akin to cooperation with the diaspora. The US adopts a law similar to the EU and Council of Europe accepting foreign agents involved in anti-corruption activities. Entry restrictions will be placed on those involved in civil society organizations combating corruption and their family members. Engagement with American-Armenian professional cooperation will resume.
Armenian Ministry of Defense increases funding for military medical provision in NATO exercise “Vigorous Warrior 2024”
The financial support to the military medical provision in Hungary has been increased by the Armenian Ministry of Defense. Armenia is participating in the multinational military exercise “Vigorous Warrior 2024” alongside 31 other armed forces. The exercises will run until May 10.
“Former Yerevan Mayor Hayk Marutyan Launches ‘New Force’ Political Coalition to Drive Social Reform in Armenia”
Yerevan-based political coalition, “New Power,” founded by former mayor Hayk Marutyan, announces new financial support. The coalition, now called “New Force,” aims to involve citizens in social reform and ensure the preservation of public and political life in Armenia.
“Entrepreneurs Rally to Support Businesswomen in Armenia’s ‘My Step Foundation’ Financing Program”
“My Step Foundation” launches programs to support businesswomen in Armenia, offering financial assistance and collaboration to expand production capacity and organize marketing events. The upcoming financing program allows investors to contribute and receive 1 million Armenian drams to support a chosen project. Successful businesswomen will also participate in funding new projects. Applications can be submitted on April 14 at the “Armas” wine factory in Yerevan, accompanied by cultural activities and music performances. Purchase a ticket worth 1 million Armenian drams for participation. Exciting news from Armenia!
“Armenia Receives Massive Financial Assistance from EU, but Faces Challenges in Energy Security”
Armenia received significant financial support of €18.6 billion from the EU in 2023 for electricity and gas supply. This highlights the EU’s role in Armenia’s energy security. However, the EU’s dependence on energy from Turkey and Azerbaijan impacts decision-making regarding Armenia. Armenia has become a key player in the EU gas market, exporting 20.3 billion cubic meters of gas in 2023. Russia’s increased gas imports to the EU pose a challenge for Armenia. The Turkish-Armenian gas corridor and the EU’s reliance on it become more significant. Armenia’s relationship with the EU is intertwined with the Armenian-Turkish gas dialogue. Turkey’s role in energy transit and the EU gas market is crucial. Armenia faces challenges in establishing an independent regional policy.
“Russian Citizens Mobilized to Protest Government: Financial Support and Covert Tactics Revealed by ‘Krokus’ Group”
Russian citizens receiving information to protest government with financial support from unknown individuals through “Krokus” group. Protests organized on Telegram, offering money to join in public places. Masks provided, plan given if detained. Flights arranged to protest sites. 14-year-old girl receives message, reports to parents, no explosives found. Financial support offered from 250,000 to 6 million rubles.
“Administration Launches Program to Support International Cultural Competitions and Festivals”
The administration has approved a program to provide financial support to participants and winners of international cultural competitions and festivals. The program aims to develop cultural industries and introduce state funding mechanisms. Eligible events must meet international criteria and be approved by organizations such as WAPA, EFA, and FIAPF. The list of approved events is included in the project document.
“Launch of Program ‘Assistance to Electoral Process in Armenia’ Aims to Strengthen Democracy and Promote Transparency”
The Central Electoral Commission collaborates with the Unified Kingdom Administration and IFES in launching the “Assistance to Electoral Process in Armenia” program. The program aims to improve cybersecurity, enhance transparency in political financing, and advance civic education. The OSCE/ODIHR election expert and the director of the Armenian Office of IFES express their satisfaction and joy at the memorandum of cooperation signing. President of the CEC emphasizes the importance of democracy and strengthening electoral systems. No elections will be held in 2024 and 2025.