Friday, November 6 2026 12:08
Alexandr Avanesov

In 2027, 24.1 billion drams will be allocated from the state budget for the needs of the Ministry of High-Tech Industry and Artificial Intelligence

In 2027, 24.1 billion drams will be allocated from the state budget for the needs of the Ministry of High-Tech Industry and Artificial Intelligence

ArmInfo. 24.1 billion drams will be allocated from the state budget of Armenia for the needs of the Ministry of High-Tech Industry and Artificial Intelligence in 2027. This was announced by Minister Davit Tadevosyan at the budget hearings of the National Assembly of the Republic of Armenia on November 6.

According to him, a total of four programs and 16 events are to be implemented next year. Specifically, just over 14 billion drams will be allocated for the industrial ecosystem and market development program in 2027. This program includes measures to train and retrain specialists, particularly in light of new developments and challenges, as well as the needs of the ecosystem.

Research and development work, the creation of creative teams, and the funding of new companies and innovative initiatives will also continue. The internationally recognized accelerator program will also receive funding. The program to assist in the creation of data centers will also be continued.