The government will allocate 900 million drams to alleviate the inflation of fertilizer

Photo: sputnik

Against the backdrop of the reduction of import volumes from Iran and the sharp increase in the price of nitrogen fertilizers, the Armenian government has decided to financially support agricultural farms. For 2026, the state will allocate around 900 million drams in order to ensure the profitability of agricultural works.


The relevant decision was adopted at the April 18 meeting of the executive. According to the justification of the government, if the price of nitrogen fertilizer fluctuated between 6,500 and 8,000 drams during the season, it increased by another 3,000 drams in the first ten days of April. The relevant authorities note that in the conditions of such inflation, doing agriculture becomes unproductive. The analyzes of the ministry showed that 21 thousand tons of nitrogen fertilizers are required for the current year. 5,000-6,000 tons of it have already been acquired, and now there is a need to ensure access to the remaining 15,000 tons.


Beneficiaries whose cultivated land area does not exceed 30 hectares will be able to use the state support program. The subsidy mechanism will operate according to the following principle. the state will compensate the difference between the market price of one 50-kilogram bag and 8,000 AMD, but the compensation provided for each bag cannot exceed 3,000 AMD.


The draft also clarifies that the villagers must make purchases exclusively from the suppliers included in the list published by the Ministry. At the same time, all the responsibility for the quality of the sold fertilizer will be borne by the supplier companies

Disclaimer: This article was contributed and translated into English by Lilit Nahapetian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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