ANNOUNCEMENT 01 Jan 2009

In January 2009, the government of Armenia announced a change to private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 01 Jan 2009 | Removal date: open ended
Still in force

Interest payment subsidy

TheGovernment has decided to subsidize loan interest due from most vulnerable 60 farms of Shirak marz. Moreover, 35,000 drams per hectare has been allocated in State support for expansion of cereal crop areas in the alpine and border communities of Armenia to a total cost of AMD1.5 BN (3.2 million euros) in 2009.
 

AFFECTED SECTORS

 

AFFECTED PRODUCTS