85.3 billion drams allocated for 2024 were distributed among 71 communities according to a new principle, thanks to teh regulation of financial equalization. TCE Minister Gnel Sanosyan announced the performance report of the Government’s 5-year plan for 2023 in the National Assembly.
“This year’s distribution is 15.6 billion more than in 2023 and this number is growing,” he said.
Turning to the subsidy programs, Sanosyan mentioned that last year they were able to implement a record number of subsidy programs. “We implemented 446 projects, for which we paid 58.2 billion drams, the government’s share in all of that was 3.3 billion. this is a record high number,and 446 programs have many sub-programs. If we can count all of them, we can reach 1,000 sub-projects, that is, if we were to look at the republic for a moment, there could be construction projects in 1,000 places with subsidy programs,” he said.
Apart from these programs, according to him, 31 othre urgent programs were implemented in the regions, the total budget was 2.5 billion.
“In general, if we combine all the projects, 803 km of roads were built, overhauled and renovated in the republic, of which 556 are projects implemented entirely with the state budget,” he said.
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– What are the key changes in financial equalization for Armenian communities in 2024?
Interview with Gnel Sanosyan: Understanding the 2024 financial Equalization in Armenia
Editor: Welcome, Minister Gnel Sanosyan. Thank you for joining us today. As the TCE Minister, you recently announced meaningful updates regarding the allocation of 85.3 billion drams for the upcoming year. Can you elaborate on the distribution principles of this budget among the 71 communities?
Sanosyan: Thank you for having me. The allocation of 85.3 billion drams in 2024 is a pivotal step forward in our financial equalization efforts. This year’s distribution is 15.6 billion drams more than what we had in 2023.By adopting a new principle for financial equalization, we aim to ensure a fairer depiction of resources across all communities, enabling them to effectively address local needs.
Editor: That’s an notable increase! During your presentation,you mentioned record achievements in subsidy programs,with 446 projects implemented. How do these programs impact local communities?
Sanosyan: Absolutely, the implementation of 446 subsidy programs, which involved a total expenditure of 58.2 billion drams, represents a significant achievement. The government’s contribution was 3.3 billion drams,supporting various sub-projects that aim to uplift local infrastructure and services. These programs generate jobs, improve living conditions, and enhance community advancement, leading to an overall improved quality of life in the regions.
Editor: You referred to the potential of reaching 1,000 sub-projects when considering all implemented programs. Can you provide insights on how this breadth of projects translates to tangible benefits for the citizens?
Sanosyan: Each sub-project brings specific benefits tailored to the local context. For instance, with 803 kilometers of roads built, overhauled, or renovated across the republic, the improvements in transportation significantly ease access to markets, schools, and health services. Such infrastructure development is crucial for economic growth and mobility, ensuring that various communities are not left behind.
Editor: Apart from the subsidy programs, you also noted the implementation of 31 urgent programs with a budget of 2.5 billion drams. What types of initiatives are included in these urgent programs?
Sanosyan: The urgent programs are designed to address immediate needs within communities. They cover a variety of areas, including emergency repairs, public health initiatives, and educational infrastructure enhancements. Such as, when a community faces sudden infrastructural challenges, these programs allow for swift action to mitigate issues before they escalate.
Editor: It sounds like the government is taking proactive measures. What advice would you give to community leaders and local governments to maximize the benefits from these financial allocations?
Sanosyan: My advice would be to actively engage with the communities to identify their unique needs and ensure clarity throughout the implementation process. Collaborating with local stakeholders can enhance the effectiveness of these programs. Moreover, maintaining an open communication channel with the government can help in navigating the funding process efficiently, ensuring that resources are utilized optimally.
Editor: Thank you, Minister Sanosyan, for your insights. It’s clear that these measures will play a crucial role in shaping the future of Armenia’s communities.
Sanosyan: Thank you for the opportunity to share our developments. Together, we can create a stronger, more equitable future for all communities in Armenia.