YEREVAN. – AMD 80 million (approx. $196,218)—which is the same as in the past two years—will be allotted from Armenia’s 2013 State Budget to assist the country’s Information Technology (IT) sector, Economy Minister Tigran Davtyan stated during Tuesday’s budget discussions at the National Assembly.
In addition, AMD 163,700,000 (approx. $401,510) will be allocated for the Gyumri city technopark, which is under construction. This projects aims to form an innovation system within the technopark.
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