Armenian government allocates 300 million drams to help victims of floods in Lori and Tavush

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YEREVAN, October 3 /ARKA/. At a meeting on Thursday, the Armenian government decided to allocate additional funds to assist those affected by the floods in May of this year, redistributing budget expenditures by changing the format of the country's participation in the world exhibition Expo Osaka Kansai Japan-2025.nbsp;br/pp

According to the Armenian Minister of Economy Gevorg Papoyan, replacing the pavilion with a simpler one will allow for savings about 2.1 billion drams./pp

Of this amount, 300 million drams will be sent to entrepreneurs affected by the floods in Lori and Tavush regions. At the moment, there are 74 applications for assistance, and there will be 150 beneficiaries in total.nbsp;/pp

As Papoyan noted, the rest of the savings will be invested in other programs./pp

Consequences of the flood/pp

An emergency situation developed in Tavush and Lori due to the heavy rains that fell on May 25-26, as well as due to the flooding of the Debed, Aghstev and Tashir rivers. The natural disaster claimed the lives of 4 people, more than 440 people were rescued and evacuated. The flood-affected settlements of these two regions have been declared a disaster zone. ($1 - 387.18 drams). -0-/p