YEREVAN, February 21. /ARKA/. The Armenian government decided Thursday at its regular meeting to provide financial assistance to the parties which crossed the 3-percent benchmark in the parliamentary elections conducted in December.
The government will do it in accordance with the law on parties. In total, the assistance amounts to AMD 103.7 million, which is distributed among five parties and blocks, depending on the number of votes they have scored.
So, My Step bloc will receive AMD 78 million, Prosperous Armenia AMD 9.1 million and Bright Armenia AMD 7 million.
The parties which have failed to obtain seats in the National Assembly, but crossed the 3-percent benchmark in the election will receive compensations. In particular, the Republican Party of Armenia, former ruling party, will have AMD 5.2 million and the Armenian Revolutionary Federation/ Dashnaktsutiun AMD 4.3 million. (USD 1 – AMD 487.5). -0—