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Press Conference of Minister of Urban Planning of Artsakh Republic Karen Shahramanyan took place

The initial volume of state order for capital investments in 2018 envisaged by Artsakh Republic State budget was 13 billion 930 million drams, which, however, comprised 19 billion 540 million drams, that is, additional 5 billion 610 million AMD was envisaged.

Press Conference of Minister of Urban Planning of Artsakh Republic Karen Shahramanyan took place

Press Conference of Minister of Urban Planning of Artsakh Republic Karen Shahramanyan took place
STEPANAKERT,  JANUARY 21, ARTSAKHPRESS: As “Artsakhpress” reports, Minister of Urban Planning of Artsakh Republic Karen Shahramanyan stated this at the press conference on January 21, noting that 880 million 903 thousand drams  has been allocated from the reserve fund of the Artsakh Republic Government for the capital construction program.
Karen Shahramanyan  noted that in general, at the expense of the state budget of the Republic of Artsakh , 20 billion 616 million AMD has been allocated for capital construction in 2018, the performance of which comprised 20 billion 585 million 452 thousand drams or 99.9%, of which 3 billion 600 AMD charged to state budget.
Artsakh Republic Minister of Urban Planning added that this figure is unprecedented. during the last ten years such index has not been recorded in the republic. Besides  the state budget, at the expense of extrabudgetary funds of the Government of the Artsakh Republic, construction and installation works amounting to 447 million 709 thousand AMD have been implemented. The share of the construction sector in the country's GDP is about 6.8% and 19.7%-of state budget, “said Shahramanyan.

The Minister also noted that in 2018, 2 billion 730 million has been allocated for housing construction  as a part of capital investment program. In fact, the construction materials worth 672 million 474 thousand drams  been provided to 423 families  for the renovation of houses.

"9 million 888 thousand drams has been allocated from the state budget to the sphere of culture and sports. In 2018, 2 billion 257 million 579 thousand drams from the state budget has been allocated for the construction and renovation of a number of public and administrative facilities and 345 million 739 thousand drams -to healthcare sector.
Electricity distribution network modernization has been implemented, for which 479 million 312 thousand drams  been allocated from the state budget. 6 billion 221 million 458 thousand drams been allocated for the reconstruction works  of the republic, and for the development of drinking water supply systems - 1 billion 59 million 312 thousand drams, "the minister said.

Karen Shahramanyan alos noted that a number of construction and engineering works have been conducted in the field of Artsakh Republic Defense Army.

In 2018, the Ministry of Urban Planning of Artsakh Republic ordered design estimates for 130 facilities.


     

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