Armenia: 4 million drams per child to house families with six or more children
- Published
- Place
- Yerevan, Armenia
- Event date
- Past event —
Summary
Armenia’s government on Thursday 5 November approved a housing support programme for families with at least six minor children. Those meeting the condition on 1 July 2027 will receive a certificate worth 4 million drams, about 11,000 dollars, per child, usable with a bank mortgage to buy or build a home. If the house is built in a rural area, an additional 4 million drams is provided. Families already adequately housed and those with annual income above 10 million drams, based on their tax return, are excluded. According to the labour ministry, the country has 643 families with six or more children, one of them with twelve. The same day, the government created support for people aged 63 to 72 who want to start a business: free training, a business plan and a 2 million dram grant.
Analysis
The two measures target very different groups but address the same concern: demography and economic activity outside Yerevan. For large families, often poor, the aid can be life-changing, even though it relies on bank credit. Nikol Pashinyan wants to steer it towards villages where new schools lack pupils. For pensioners, the state is betting on experience: more than 100,000 of them still work.
Possible consequences
Families must meet the conditions on 1 July 2027. For the pensioners’ scheme, residents of border and mountain areas will be served first.
