YEREVAN. – Armenia wishes to make agriculture become self-financing in the country.

The aforesaid is noted in the strategy to improve the financial situation of the construction industry, which was approved at Thursday’s Cabinet meeting.

Accordingly, considering the demands of the farmers, it is planned to introduce a flexible system of payment for irrigation water, as of 2019.

Also, the expenses of water using companies are planned to be cut down.

Furthermore, the reduction in electricity and systems’ service costs shall become visible as of 2017.

In addition, irrigation water price is envisioned to be increased by no later than 2021.

The tariff increase and the system improvement will enable to cut down budget-allocated subsidies.