Chairman of the Central Bank of Armenia (CBA) Arthur Javadyan, answering the question of the NA at the National Assembly, what proposals will be offered to the prime-minister Nikol Pashinyan on the mechanisms for eliminating agricultural loans?

"To do this, certain legislative changes should be made. The Prime Minister has already given instructions to the relevant authorities, you will see the reaction very quickly. There will be legislative reforms, as a result of which penalties will be eliminated, "he said and emphasized that private banks would not suffer from" difficulties ".

CB Chairman noted that there will be no reduction of interest rates, as it has not been mentioned. "The Prime Minister spoke about supporting agricultural crediting with different budgetary mechanisms and said that we should create a new situation, more taxes, and we will ease the burden on the farmers."

The material is copyrighted and protected by law