RA Ministry of High-Tech Industry to get AMD 31.2bln next year

ArmInfo.  Budget allocations for the Ministry of High-Tech Industry of Armenia in 2026 will amount to 31.2 billion drams. This was announced by Mkhitar Hayrapetyan, 
head of the ministry, at the hearings on the draft state budget of 
the Republic of Armenia in the National Assembly committees on 
October 28.

According to him, this amount only applies to those programs that are 
not closed. There are four such projects, within the framework of 
which 16 programs are to be implemented next year. Specifically, 21.1 
billion drams are planned for the high-tech ecosystem and market 
development program. The main goal of this project is to improve the 
sector’s infrastructure through specialist training. A pilot program 
to support IT enterprises (15 subprograms in total) is planned to 
begin next year, with 160 million drams allocated. In addition, the 
mass education promotion program will continue, with budget 
allocations of 100 million drams. Two hackathons are also planned, 
with teams competing on various ideas and products, for which 60 
million drams will be allocated. Various courses, which have been 
conducted since 2009 in accordance with a memorandum signed by the 
governments of Armenia and India, are planned for 2026. As part of 
this project, 520 specialists will be trained in 2026, for which 213 
million drams will be allocated.

According to the draft state budget, 37 billion 352 million drams are 
planned to be allocated to the Ministry of High-Tech Industry of the 
Republic of Armenia next year. This is 10 billion 157 million drams 
less than the state budget targets established for 2025.
 

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