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  • Provision Of Houses To Young Families Will Remain Priority For The G

    PROVISION OF HOUSES TO YOUNG FAMILIES WILL REMAIN PRIORITY FOR THE GOVERNMENT OF ARMENIA IN 2010 - PRIME MINISTER

    ARKA
    December 25, 2009
    Yerevan

    YEREVAN, December 25. /ARKA/. "The issue of provision of houses to
    young families will remain priority for the Government of Armenia in
    2010", said Tigran Sargsyan, Prime Minister of Armenia.

    "Yesterday in the meeting of the government relevant conception
    developed by the Ministry of Finance of Armenia and Central Bank of
    Armenia was approved", he said. From the first quarter of 2010 a new
    fund will operate in Armenia which will provide available and cheap
    credits to young families. Charter capital of the new fund will make
    3 billion drams.

    Activities of the fund will allow young families to take credits for
    15 years and in the amount of about 16 million drams. "Conception of
    the activities of the fund will be approved in the nearest meeting of
    the government", said Sargsyan. Second direction of the activities
    of the fund will be provision of houses in the frames of the fund
    with charter capital of about 12 billion drams.

    "We will give long-term credits to young families and I hope that in
    2010 young families will use this opportunity. It is very important
    responsibility of the government and the President of Armenia",
    said Sargsyan. G.K.
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