YEREVAN, March 22. /ARKA/. Armenian government is willing to lower the state lending interest rate to 10% from present 12%, Armenian Economy Minister Tigran Davtyan said Tuesday at a news conference.

He said the government would offer lower interest rates and better terms of lending to successful companies.

The minister said that as a rule, those companies who successfully implement their programs are reliable partners.

He said that loans would be extended in drams.

In his words, such an approach has already been applied to Likvor Company and a similar approach will be applied to Electropribor plant.

The loans are lent through Investments in Small and Mid-scale Businesses universal credit organization. -0---