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250 million dollars are needed for the initial works of the Amulsar mine, 100 million dollars have been found. Papoyan


250 million dollars are needed for the initial works of the Amulsar mine, they have found 100 million dollars, they want to take the other 150 million dollars from our banks, and here there is an expectation of some state support.

RA Minister of Economy Gevorg Papoyan said this during the discussion of the 2025 state budget draft, addressing the question of what developments are there regarding the operation of the Amulsar mine. This is reportedLurer.com.

"The Ministry of Economy has ordered an audit, and as a result, it will be clear whether we will come under it or not, or whether Amulsar will leave, find another source of financing, or, for example, let's say, it should happen without the participation of Armenia." he said.

At the same time, Papoyan expressed hope that the mine operation will start in the fourth quarter, and as a result, the growth of the gross industrial output of our country will be higher next year than it was this year. "We expected 5.3%, this year - 3.7%.
We expected that growth at the expense of that," Papoyan emphasized.

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