About 24.8 billion AMD will be allocated to the Ministry of High-Tech Industry in 2024, compared to 25.6 billion AMD adjusted annually in 2023. Significant changes have been made in the structure of the Ministry’s budget programmes, not in financial performance indicators. 1.34 billion AMD will be allocated for the maintenance costs of the Ministry.
The Minister of High-Tech Industry Robert Khachatryan, presenting the budget allocations for the coming year at the joint sitting of the Standing Committees of Economic and on Financial-Credit and Budgetary Affairs, informed that the digitalization component will be removed from the structure and content of the High-Tech Industry Ecosystem and Market Development Program, becoming a separate programme. The Minister detailed the measures planned for the mentioned project within the limits of 5.4 billion AMD.
340 million AMD will be allocated for the Development of markets and international cooperation event. In the coming year, participation in five international exhibitions is planned. AMD 872.5 million will be allocated to the Entrepreneurship Technological Ecosystem measure. 2.3 billion AMD will be allocated to the Telecommunications Provision project, at the expense of which a number of measures will be implemented. 313.9 million AMD will be allocated for the Telecommunications and Communication Regulation event, which will be directed to the maintenance of the Republican Telecommunication Center SNCO.
In 2024, it is planned to implement the project Implementation of the Digital Transformation Process, for which 10 billion AMD is planned. It will be possible to implement the financing of digital transformation measures implemented by the state bodies based on the applications received from various state bodies. “This is the digitalization budget, which is no longer planned in other institutions, it has been completely transferred to the Ministry, and the projects approved by the Digitization Council will be financed from our budget,” Robert Khachatryan mentioned.
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