Affordable Cars for Young Families program to launch in Armenia

Affordable Cars for Young Families program to launch in Armenia

PanARMENIAN.Net - Armenian Ministry of Sport and Youth Affairs is working on implementation of Affordable Cars for Young Families program. The program allows for young families to purchase a car within 5-7 years, with a 20% prepayment at annual interest rate of 12%. The total cost of the car is Euro 15 thousand.As the Deputy Minister of Sport and Youth Affairs Arsen Karamyan told a news conference in Armenia, negotiations with foreign colleagues are held; the name of the company to be involved in the program won’t be announced yet.

3  10.11.11 - Press conference of Armenian Deputy Minister of Sport and Youth Affairs Arsen Karamyan
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