April 29, 2022 - 18:29 AMT
Armenia to allocate additional AMD 20 billion for Karabakh housing projects

The Armenian government will allocate an additional AMD 20 billion for housing projects in Nagorno-Karabakh (Artsakh), Karabakh State Minister Artak Beglaryan said Friday, April 29.

The decision was reached when delegations headed by the Karabakh President Arayik Harutyunyan and Armenian Prime Minister Nikol Pashinyan met in Yerevan earlier in the day.

"The two main issues on the agenda were the socio-economic situation in Artsakh and the settlement of the Azerbaijani-Karabakh conflict," Beglaryan said on social media.

According to him, the sides also exchanged views on Artsakh's security, status and the process of the settlement of the conflict.

The Second Karabakh war lasted 44 days and ended when Armenian Prime Minister Nikol Pashinyan, Russian and Azerbaijani Presidents Vladimir Putin and Ilham Aliyev signed a ceasefire statement on November 9, 2020. Under the deal, the Armenian side returned all the seven regions surrounding Nagorno-Karabakh, having lost a part of Karabakh itself in hostilities.