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Government To Provide Educational Credits For Cheap Percentage Rate

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  • Government To Provide Educational Credits For Cheap Percentage Rate

    GOVERNMENT TO PROVIDE EDUCATIONAL CREDITS FOR CHEAP PERCENTAGE RATE

    12:14, 14 March, 2013

    YEREVAN, MARCH 14, ARMENPRESS. Educational credits for cheap
    percentage rate will be provided to the students of the Armenian
    higher educational institutions. For that reason the Government of the
    Republic of Armenia made a decision to allocate AMD 21 million during
    the March 14 session. As reports "Armenpress" during the session of the
    Government of the Republic of Armenia, which was held on March 14, the
    Minister of Finance of the Republic of Armenia Vache Gabrielyan stated
    that it has been provisioned to allocate AMD 1.800.000 for each student
    for 12 percentage rate during the four year of study. 2-3 percent
    will be subsidized by the Government of the Republic of Armenia.

    Among other things the Minister of Finance of the Republic of Armenia
    Vache Gabrielyan noted: "The credit program will be implemented via
    "Home for Youth" RCO CJSC organization."




    From: A. Papazian
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