ARMENIA ALLOCATES $28.5 MILLION TO ARTSAKH TO COVER UTILITIES, SALARIES, PENSIONS

Posted on November. 4. 2021

Armenia will allocate 13.575 billion AMD ($28.5 million) to cover the November 2021 utility costs for Artsakh residents and to cover salaries, benefits, pensions, and healthcare expenditures envisaged by the 2021 Artsakh budget,

At a government cabinet session yesterday, Armenian PM Nikol Pashinyan said that the 2022 budget envisages allocating 144 billion AMD to Artsakh. 

“Over the past year, we have allocated about 120 billion AMD to Artsakh. It is also important to gradually move from aid programs to development programs as smoothly as possible so that the tax collection mechanism works in Artsakh as well. We will continue to support the Republic of Artsakh in its socio-economic recovery and development,” Pashinyan said.

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