ArmInfo. As part of the livestock development program for 2019-2024, 159 cattle were imported into Armenia. As the press service of the Ministry of Economy of the Republic of Armenia reports, in total, within the framework of this program, financial institutions provided 406 million drams for the purchase of 315 heads of pedigree cattle.
Among the imported animals, the Simmental, Schwitz and Holstein breeds predominate.
To recall, under this program, farmers can purchase pedigree cattle on credit at a rate of 2% per annum. Loans are granted to economic entities and agricultural cooperatives from border communities receiving social assistance at a zero interest rate. (http://www.irtek.am/views/act.aspx?aid=78561) The maximum loan amount for one economic entity is 300 million drams, with a maturity of 5 years. More detailed information can be obtained on the Ministry's website at the following link: https://mineconomy.am/page/1341.
To consult on the program, the Ministry of Economy suggests contacting the Department of Agricultural Consulting, Innovation and Monitoring by telephone 011 29 74 28 and the Department of Primary Agricultural Products - 011 52 93 33.
