Tuesday, June 13 2017 18:46

Prime Minister: The government will subsidize 70-80% of interest rates of loans of villagers in the first two years

Prime Minister: The government will subsidize 70-80% of interest  rates of loans of villagers in the first two years

ArmInfo. The government will  subsidize 70-80% of interest rates of loans of villagers in the first  two years of receiving a loan, Prime Minister of Armenia Karen  Karapetyan said at a meeting with representatives of the country's  banking system.

"We clearly state the state's share and subsidize interest rates for  loans in priority areas of agriculture, light industry, leather  processing, footwear production, carpets, and their exports," the  prime minister said.

According to him, the diagnosis of agriculture demonstrated the need  for a fundamental increase in its effectiveness through the  introduction of drip irrigation systems, intensive gardens,  greenhouse farms and new agricultural machinery.

"For this purpose, the Ministry of Agriculture has developed the  relevant applications, financial formulas.  In the first two years of  repayment of loans we will stand next to the villagers, subsidizing  the overwhelming part of the loan interest rate - 70-80%. "Similar  formulas are developed for light industry," Karapetyan said.

The prime minister instructed the subordinates to submit to the  banking system applications for financing the voiced spheres.

POST A COMMENT
Input digits     


News


Exchange rates
01.06.2020
RUB6.920.09
USD483.02-0.89
EUR536.783.12
GBP598.370.84
CAD351.85-0.62
JPY44.89-0.06
CNY67.73-0.34
CHF502.673.33



Search by date

Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000