EU to provide about EUR 17 mln for Armenian state budget 2017

07.04.2017 | 14:31 Home / News /
#EU #Budget support #Garegin Melkonyan

The European Union will provide around EUR 17 mln to Armenia within the frames of Budget support program this year.

Armenian First Deputy Minister of Economic Development and Investments Garegin Melkonyan told journalists about this.

“The implementation of Budget support in 2017 has resulted in a number of substantial reforms in Armenian justice system, agriculture, education and other key sectors,” Deputy Minister notes.

According to Garegin Melkonyan, “an unprecedented high financial support of EUR 27,5 mln” was provided to Armenia within the frames of Budget support program.

The Deputy Minister emphasized that Armenia was interested in the efficiency of every single program, financed by the European Union.

Hoa-Binh Adjemian, Head of Cooperation Section of Delegation of European Union to Armenia, said that “Armenian continued to successfully implement this program”.

EU representative informed that the program of state reforms (EUR 20 mln), implemented with EU support in Armenia, will help advance electronic governance systems in the country and hence provide all Armenian citizens with electronic ID cards.

“We try to find the best modality to help Armenian citizens. We entered into dialog with the Armenian government to decide on what is the best tool to bring reforms to the Armenian citizens,” Hoa-Binh Adjemian noted.

The amount of EU-provided Budget support to Armenia has totaled to EUR 250 mln in the last 10 years, which is about EUR 25 mln per year.

Generally, EU provides about EUR 40-50 mln to Armenia every year within the frames of different programs, the half of which is directed to the Budget support program.

The total amount from this program will be transferred to the Armenian state budget. The means are only sent after the implementation of all responsibilities from Armenian side provided for by the agreements, reached with the EU.

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