{"id":4111,"date":"2009-11-19T14:24:13","date_gmt":"2009-11-19T14:24:13","guid":{"rendered":"https:\/\/armbanks.am\/2009\/11\/19\/230141\/"},"modified":"2024-12-30T09:26:41","modified_gmt":"2024-12-30T09:26:41","slug":"government-of-armenia-approves-500000-in-credit-guarantees-to-norashen-construction-company","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2009\/11\/19\/4111\/","title":{"rendered":"Government of Armenia approves $500,000 in credit guarantees to Norashen construction company"},"content":{"rendered":"<p><strong>YEREVAN, November 19, \/ARKA\/.<\/strong> As part of its anti-crisis plan the government of Armenia has approved today $500,000 in credit guarantees to a construction company Norashen.<\/p>\n<p>Finance minister Tigran Davtian said at today\u2019s government session that the credit guarantee will allow the company to attract credit resources from Armenian Prometey bank to complete construction of a high-rise residential building in Yerevan. He said the government guarantee is given against the company\u2019s pledge of the building and its right to the land plot.<\/p>\n<p>The minister said the budget guarantee is expected to step up the construction sector.<\/p>\n<p>The government of Armenia established a special task force to handle its anti-crisis program. As part of that it has already approved budget guarantees of 20 billion Drams (%54 million) to a set of construction companies to complete their unfinished development projects. \u00a0-0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As part of its anti-crisis plan the government of Armenia has approved today $500,000 in credit guarantees to a construction company Norashen.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,15841,12305,308],"class_list":{"0":"post-4111","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news","8":"tag-armenia-2","9":"tag-government-2","10":"tag-norashen","11":"tag-308"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/4111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=4111"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/4111\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=4111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=4111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=4111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}