Thursday, April 9 2020 21:06
Alina Hovhannisyan

The government will provide loans to economic entities for 8.5  billion drams

The government will provide loans to economic entities for 8.5  billion drams

ArmInfo. The government of Armenia satisfied the applications of a number of economic entities for obtaining credit resources on favorable terms for a total of 8.5  billion drams. This was announced on April 9 during a meeting in the  Government of the Republic of Armenia chaired by the Prime Minister  of the Republic of Armenia Nikol Pashinyan, during which the  participants discussed issues related to solving social and economic  problems.

According to the press service of the government, in comparison with  the previous day, this figure has tripled. It was noted that the  application process is ongoing, and the number of beneficiaries and  the volume of assistance provided will continue to grow.

According to the source, the participants also discussed the program  of the Armenian National Interests Fund (ANIF)  "Co-financing of  equity capital", within the framework of which it is proposed, with  the cooperation of the state and the private sector, to implement  investment programs in the fields of agriculture, health, industry,  tourism and the military industry.

The Prime Minister instructed those responsible to continue the  discussion regarding the implementation of this program in order to  evaluate its effectiveness.