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Government to restructure army officers’ loans

YEREVAN, December 24 /ARKA/. Armenia’s acting Prime Minister Nikol Pashinyan wrote in a Facebook post that the government is going to restructure loans of several thousand of career and warrant army officers.

According to him, this decision will reduce the interest rate on their loans by half and also extend the payment period. “For example, if an officer pays monthly 50 thousand drams to repay the loan now, after restructuring he will pay 25,000 drams for the same loan,” he said.

He said the government will also discuss ways to help retired army officers in the purchase of housing.
“This, of course, will not be a complete solution, but the issue will get off the ground. In the near future, we will make an important decision about the purchase of apartments by active military personnel,” he said.-0-

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