NKR: Meeting of Shushi Regional Administration

MEETING OF SHUSHI REGIONAL ADMINISTRATION

Azat Artsakh Daily – Nagorno Karabakh Republic [NKR]
08-02-2007

In the meeting of the regional administration of Shushi V. Kassian,
the head of the administration, said the NKR government will fund a
loan program in Sh ushi to develop small and medium-sized businesses,
as well as the mortgage lending policy to spur development and solve
the housing problem in Shushi.

The head of the regional administration emphasized the importance of
development of small and medium-sized enterprises in rural areas.
V. Kassian said apart from a set of problems these programs will help
prevent migration of young people from the region. The meeting also
discussed the question of speeding up the privatization of apartments
in Shushi. The mayor of Shushi was instructed to take action to finish
privatization of apartments in Shushi.

A. GABRIELIAN.
08-02-2007