“The budget takes up a heavy load, but we are sure that increasing the attractiveness of agricultural business will have a great economic effect,” said the PM.
Today another financial proposal was added to the affordable loans of cheap tractor-combine, drip irrigation and anti-hail nets for the villagers. The government has approved a project, which increases subsidization and changes the 3 million AMD loan at 8 percent interest rate to 10 million AMD with 5 percent interest rate and a term of 5 years. To the agriculture of frontier villages, as well as to cooperatives, the sum will be provided at a lower 3 percent interest rate. “The budget takes up a heavy load, but we are sure that increasing the attractiveness of agricultural business will have a great economic effect,” said the PM.
