The Armenian government today approved the allocation of AMD 41.776 million ($87,000) to the country’s Center for Strategic Initiatives (SIC) fund.

Minister of Finance Vardan Aramyan, who proposed the allocation, stated that he SIC, a government agency founded in 2016, is playing an important role in drafting and implementing projects designed to effect significant long-term reforms in the spheres of state governance, the tax system, tourism, agriculture and education.