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Government to restructure army officers’ loans

24.12.2018 16:50

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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Nikol Pashinyan discusses with VTB Bank head prospects of activity expansion in Armenia

14.06.2018 18:40

Nikol Pashinyan discusses with VTB Bank head prospects of activity expansion in Armenia

Armenian Prime Minister Nikol Pashinyan, who is now in Russia for a two-day working visit, had Thursday a breakfast with Andrey Kostin, President and Chairman of the Management Board of VTB Bank, the Armenian government’s press office reports

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