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Armenian farmers to be given government guarantees

24.12.2019 18:58

Armenian farmers to be given government guarantees

YEREVAN, December 24. /ARKA/. The government of Armenia will provide farmers with credit guarantees, Deputy Economy Minister Artak Kamalyan told reporters on Tuesday.

He said although the government runs several credit assistance programs designed specifically for farmers, including subsidizing interest rates on their loans, the latter are not available to all farmers because of their failure to ensure a collateral.

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