Support programs of AMD 47.3 billion planned for those forcibly displaced from Nagorno-Karabakh: Minister of Finance

The Armenian government has envisaged AMD 47,3 billion (about $118 million 250 thousand) under the 2024 budget for assistance programs for the forcibly displaced persons of Nagorno-Karabakh, Finance Minister of Armenia Vahe Hovhannisyan told lawmakers on November 6.

He said that this figure is just a part of the entire assistance.

The assistance includes support projects in education, employment, social protection, accommodation and other areas.

Authorities are currently discussing additional support measures.

The reserve fund of the 2024 budget is envisaged at an unprecedented level of AMD 156 billion (about $390 million), the minister said at the 2024 budget debates. 

Speaking about international support for the NK refugees, the minister said that the EU, France and China have pledged to provide budgetary support funds, and upon receiving them the authorities will either reduce the projected deficit of the budget or plan additional urgent spendings.