Thursday, March 15 2012 19:24

1,202 families in Nagorno-Karabakh receive assistance in the framework of project to subsidize mortgage loan interest rates


ArmInfo. As many as 1,202 families in Nagorno- Karabakh have received assistance in the framework of the project to subsidize mortgage loan interest rates.

Director of the Artsakh Investment Fund Artak Mirzoyan told ArmInfo that as much as 282mln AMD or $730,000 was budgeted for this purpose in 2011.

He said that the project will be continued, but the repayment periods of the loans should be extended to 25-30 years.
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