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.