Agriculture Ministry: subsidized agriculture credits extended to 6000 farmsMay 16, 2011 - 17:18 AMT PanARMENIAN.Net - Subsidy of agriculture credits is permanently monitored by Armenian Agriculture Ministry. As Armenian Minister of Agriculture Sergo Karapetyan stated at the parliament, at present, credits to the total amount of AMD 4 billion 200 million were extended to about 6000 farms. The credits are allocated at 14% annual rate, with 4-6% subsidized by the government. Crediting process is facilitated to exclude any issues in the process. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Erdogan wants “realistic road map” for relations with Armenia Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia. Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements. Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of Armenia Henrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. |