Based on the need to mitigate the financial crisis caused by Azerbaijan’s blocking of the only road connecting Artsakh (Nagorno-Karabakh) to Armenia, Boards of the Artsakh Investment Fund and Artsakh Village and Agriculture Support Fund made a decision to temporarily stop accruing interest and penalties on liabilities to the Funds from 1 February 2023, Artsakh InfoCenter reports.
The decision does not apply to those with a liability of more than 100 million AMD, as well as to loans provided after 12 December 2022.
