Proposed to Introduce Fund for Protection of Water Resources for Restoration of Ararat Artesian Basin

Proposed to Introduce Fund for Protection of Water Resources for Restoration of Ararat Artesian Basin

RA Environment Ministry proposes to introduce in the management processes of the water resources sector a fund for the protection of water resources.

The Ministry has put into circulation on the website e-draft.am the draft of RA government's decision "On the use of the water resources protection fund, the procedure for calculating allocations and defining the payment schedule". 

According to the planners, the adoption of the decision will contribute to the recovery of the artesian water basin of the Ararat valley.

The economic operator will be obliged to submit appropriate financial guarantees in the form of the amount transferred to the water resource protection fund, in the case of not exploiting them in the future, in the direction of organizing the liquidation or conservation process of those wells by the state.

April 06, 2023 at 14:59