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Armenia to provide Nagorno-Karabakh with 20 billion dram loan

YEREVAN, October 28. /ARKA/. The Armenian government approved Thursday a decision to provide Nagorno-Karabakh with another 20 billion drams worth loan. The loan, provided at 0.01% interest rate is to be repaid until January 1, 2026.

The Nagorno-Karabakh government will use the loan to finance construction of new houses for families that have resettled in Nagorno-Karabakh, as well as to finance liabilities towards banks. ($1 – AMD 399.38). –0–

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