ArmInfo. The implementation deadlines for the program subsidizing interest rates on loans provided to the agri-food sector in Armenia will be changed. The decision to change the deadlines was made at a government meeting on November 12.
The project's rationale emphasizes that, as of September 30, 26,841 loans worth approximately 47.74 billion drams had been issued under the program subsidizing interest rates on loans provided to the agri-food sector. Following discussions within government circles, a decision was made to terminate the program effective January 1, 2027. As a result, instead of the 2026-2027 deadlines established by the program, The project is proposed to be implemented only in 2026.
At the same time, to clarify the implementation period of the document, it is also necessary to set a deadline for signing the loan agreement between the financial institution and the beneficiary. To this end, the draft proposes setting the deadline for signing the loan agreement between the financial institution and the beneficiary to December 30, 2026, inclusive.
