Wednesday, August 2 2017 13:23
Naira Badalian

A new program of accessible loan of procurement companies was submitted for discussion by Armenian Government

A new program of accessible loan of procurement companies was submitted for discussion by Armenian Government

ArmInfo. A new state program for  providing available agricultural loans for procurement companies was  submitted for discussion by the Armenian Government, Agriculture  Minister Ignatiy Arakelyan said on the eve of a working visit to  Armavir district.

According to the Minister, credit rating of the procurer will be the  main criterion for granting the loan. The condition of the loan is  the work with the villagers exclusively on contractual basis. Already  after the approval of the program, as the minister explained, a  tripartite agreement will be concluded with the farms of the  republic, which will allow to regulate the entire procurement  process.

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