Armenia provides AMD 13.5 billion to Artsakh in loan

News

18.12.2024 | 21:16
In Gratitude To The Missionaries Who Carried Out Humanitarian Missions During The Armenian Genocide
11.12.2024 | 18:30
Ameriabank Presents EventHub.am: a Streamlined and User-Friendly Ticketing Solution
10.12.2024 | 00:21
4 border villages of Tavush have been gasified and in 3 villages drinking water supply system has been installed thanks to financing of 120 million drams from benefactor Mikayel Vardanyan
28.11.2024 | 17:21
Ardshinbank Donates 120 Million AMD to the Hayastan All-Armenian Fund
14.11.2024 | 17:08
COP29 in Azerbaijan an “Extreme Display of Hypocrisy”: Greta Thunberg. VIDEO
14.11.2024 | 15:50
At COP29, It’s About More Than the Climate: NewsWeek
14.11.2024 | 15:34
Gegham Stepanyan: People Were Dying of Starvation in Artsakh While the World Only Sent Statements. VIDEO
14.11.2024 | 15:07
Forcible displacement of Artsakh Armenians: A clear case of Intent: Ara Ghazaryan. VIDEO
14.11.2024 | 14:44
State Politics and Human Rights: Siranush Sahakyan on the Abduction and Imprisonment of Armenians. VIDEO
14.11.2024 | 14:27
“Azerbaijan is not only engaging in greenwashing but is also now practicing peace-washing at COP29”։ Anna Melikyan. VIDEO
14.11.2024 | 11:02
Greta Thunberg at COP29 Side Event in Yerevan: ‘Impact of Azerbaijan’s Aggression on Human Rights and Environment․ LIVE
06.11.2024 | 10:54
Thanks to Karen Vardanyan’s support of 119 million, two military sports colleges have been furnished with modern sports equipment and buses
30.10.2024 | 10:24
“Navigating Gray Zones: Building Resilience in State and non-State Institutions in the Era of Hybrid Warfare”․ two-day workshop in Yerevan
10.10.2024 | 11:25
Businessman and benefactor Mikayel Vardanyan was awarded the title of Honorary citizen of Masis community
03.10.2024 | 13:50
The stamp, the first day cover and the souvenir sheet dedicated to the 75th anniversary of Hrant Vardanyan, a businessman, benefactor, the founder of “Grand Holding” have been issued
More

At the cabinet meeting today, a decision was passed to provide an interstate loan to the government of the Artsakh Republic as well as provided funds to the Ministry of Labor and Social Affairs. Finance Minister Tigran Khachatryan said that this regulates the issue of allocating money to the Artsakh Republic for the month of November.

“The amount is 13.575 billion drams (about USD 28 mil.). This is the fifth such decision made every month. We have allocated 65 billion drams in total, including July,” Khachatryan said. He explained that the money will be used for paying salaries of government employees, as well as paying pensions and other social benefits. He added that part of the money will be used for supporting economic and capital programs , such as housing projects.