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Additional 583 Million Drams To Be Provided For Subsidizing Irrigati

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  • Additional 583 Million Drams To Be Provided For Subsidizing Irrigati

    ADDITIONAL 583 MILLION DRAMS TO BE PROVIDED FOR SUBSIDIZING IRRIGATION SYSTEM OF ARMENIA

    Noyan Tapan
    March 18, 2010

    YEREVAN, MARCH 18, NOYAN TAPAN. At the March 18 sitting, the government
    made a decision to allocate 583 million drams (about million 342.5
    thousand) to the State Water Industry Committee of the RA Ministry of
    Territorial Administration for subsidizing the irrigation system. The
    committee chairman Andranik Andreasian said at a briefing following
    the sitting that the government subsidizes water using companies in
    order to supply farms with water at prices lower than the cost price.

    A. Andreasian considered this sum as great assistance for farms
    enabling them to continue their work without making changes in their
    business plans. "There has been a rise in some prices, particularly
    power prices in recent period. To prevent this additional burden
    from affecting the irrigation water price, the government provides
    additional money," A. Andreasian underlined.

    There are currently 3 water-supply companies in the irrigation system.

    They service 44 water using companies.
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