8000 ha of land area in Armenia will proceed to drip irrigation by 2023. Between 2019 and 2023 drip irrigation systems will be installed in 1600 ha of land areas and raining systems will be installed in 200 ha of land areas. The executive adopted a relevant resolution at the Cabinet meeting on 7 March.
Loans will be provided to carry out these works with 3 years of repayment term and interest rate of 12%. 10-percent point will be subsidized for 1200 ha and 12-percent point will be subsidized for 220 ha.
Upon Armenian PM Nikol Pashinyan’s proposal, the Armenian Government shall submit a report on the progress of these projects once every 3 months.
17:47 March 07, 2019