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RA government allocates $ 200 000
The Armenian government decided to allocate from its reserve fund $200 000 for awarding Academician Victor Hambardzumyan International Prize. Another $300 000 will be allotted by the Pyunik Foundation. Thus the total amount of prize money will make $500 000.
Lyus Foundation will give $50 000 to compensate the costs of award-giving ceremony.