Monday, June 7 2021 17:48
Naira Badalian

In 2020, subsidies from state treasury of Armenia to regional  administrations amounted to about $ 115 million

In 2020, subsidies from state treasury of Armenia to regional  administrations amounted to about $ 115 million

ArmInfo. In 2020, subsidies from the state budget to the regional administrations of Armenia amounted to 55.379 billion drams (about 115 million U.S. dollars), acting  Minister of Finance of Armenia Atom Janjughazyan stated on June 7  during the preliminary discussion of the annual report "On the  execution of the state budget of the Republic of Armenia for 2020".

The regional administration of Aragatsotn in 2020 spent about 512  million drams, or 93.4% of the revised program, Armavir region -  about 546 million drams, or 99% of the revised program. Expenditures  of the Ararat region amounted to 537.5 million drams 93.9% or the  adjusted program, Gegharkunik region - about 759 million drams or  98.1%, Lori region - 634 million drams or 98.6%, Kotayk region - 581  million drams or 99.8% of the adjusted budget. Shirak regional  administration spent 688 million drams or 99.2%. Actual expenditures  of Syunik region amounted to 559 million drams or 97.4%, Tavush  region - about 570 million drams or 95.5%, Vayots Dzor region spent  96.1% of funds or 434 million drams.