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Land users in the Nagorno-Karabakh provided since 2008 to date some
997 million drams worth loans
YEREVAN, September 28. / ARKA /. Land users in Nagorno-Karabakh
Republic have been provided since 2008 to date some 997 million drams
worth loans, of which 49% have been repaid so far, according to head
of the Fund to Support Agriculture Vahram Baghdasaryan, who spoke
during yesterday's meeting convened by prime minister Ara Harutyunyan.
"The maturity of loans to the tune of 458 million drams provided for
spring sowing works in 2012, will expire on October 15," according to
Baghdasaryan.
Heads of district administrations were told to take steps to ensure
the timely repayment of loans.
The prime minister said future assistance to farmers by the government
will depend on the pace of loan repayment.
"It is also necessary to specify what the farmers need- loans or
financial assistance and be guided by it while developing a new
lending program," Harutyunyan said.. ($ 1 - 405.39 drams). -0-
14:03 28.09.2012
997 million drams worth loans
YEREVAN, September 28. / ARKA /. Land users in Nagorno-Karabakh
Republic have been provided since 2008 to date some 997 million drams
worth loans, of which 49% have been repaid so far, according to head
of the Fund to Support Agriculture Vahram Baghdasaryan, who spoke
during yesterday's meeting convened by prime minister Ara Harutyunyan.
"The maturity of loans to the tune of 458 million drams provided for
spring sowing works in 2012, will expire on October 15," according to
Baghdasaryan.
Heads of district administrations were told to take steps to ensure
the timely repayment of loans.
The prime minister said future assistance to farmers by the government
will depend on the pace of loan repayment.
"It is also necessary to specify what the farmers need- loans or
financial assistance and be guided by it while developing a new
lending program," Harutyunyan said.. ($ 1 - 405.39 drams). -0-
14:03 28.09.2012