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 Thursday, August 20 2026 10:15
Alexandr Avanesov

From space to school construction: what does the Government`s  five-year program say?

From space to school construction: what does the Government`s  five-year program say?

ArmInfo. The Armenian government aims to secure an average annual economic growth rate of  6% for 2026–2031. This is outlined in the Cabinet's draft five-year  program, which presents the key expected results of its activities  for the upcoming five-year period.

According to the draft, the authorities intend to continue working to  strengthen and further institutionalize the peace established between  Armenia and Azerbaijan. Measures will be taken to maintain and  further develop a favorable security environment around Armenia by  normalizing and/or developing relations with regional countries, as  well as deepening existing partnerships outside the region. Efforts  to unblock transport links for the Republic of Armenia will continue  based on the "Crossroads of Peace" initiative and the TRIPP project.

The program also emphasizes that deepening democratic,  anti-corruption, economic, and governance reforms will be among the  Cabinet's top priorities, which should be reflected in the republic's  progress in prestigious international rankings.

Under the document, the entire population of the country will be  covered by medical insurance. Work will continue on visa  liberalization for EU entry for citizens of the Republic of Armenia.  The authorities aim to ensure an average annual economic growth rate  of 6%, create 125,000 new jobs, at least triple the volume of the  corporate bond market, and at least double the export volume of goods  of Armenian origin. Plans also include increasing industrial  production (in current prices) by 50%—from 3.3 trillion drams in 2025  to 5 trillion drams in 2031—increasing the gross agricultural product  value by at least 50%, and doubling grain production.

The program envisions starting the construction of 10 reservoirs with  the goal of completing them by 2033, building and reconstructing 350  kilometers of canals and pipelines, providing irrigation to 10,000  hectares of new land, and resolving 24/7 water supply issues for  residents of Yerevan, Gyumri, and Vanadzor.

Additionally, the authorities intend over the next five years to  build and modernize 300 schools, 30 colleges, 100 extracurricular  institutions, 100 kindergartens, and 100 multi-functional playgrounds  (including public swimming pools). They also plan to implement the  "Academic City" technological cluster project, including housing for  3,600 of its students, and establish high-end artificial intelligence  (AI) computing power of at least 100,000 GPU equivalents (or at least  35,000 GPU equivalents per million residents). This infrastructure  will provide the research, educational, startup, industrial, and  public sectors of the Republic of Armenia with access to computing  resources equivalent to at least 10% of these capacities.

Furthermore, the government plans to continue developing Armenia's  national space capabilities by acquiring and launching at least two  observation satellites and one communications satellite. This  includes developing national ground infrastructure, establishing  domestic capacity for satellite management and data processing, and  providing access to satellite data and communication services for the  state, the scientific and technical community, and the private  sector.  The program also outlines plans to: commission 1,000  megawatts of photovoltaic power plants and 800 megawatts of energy  storage power plants; reduce poverty by 5 percentage points;  digitalize essential public and utility services and continue the  process of recovering illegally obtained assets. This initiative will  include returning unlawfully privatized or leased forests, beaches,  parks, and gardens, as well as educational institutions and other  public spaces, to community and state ownership and ensure the  continuous replenishment of the unified account for recovered funds,  with the objective of returning approximately $2 billion worth of  illegally acquired movable and immovable property to public use.

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