Armenia to write off certain debts of displaced Karabakh residents

Economy15:31, 4 June 2026
Read the article in: EspañolفارسیՀայերենRussian

The Armenian government has adopted a decision to write off certain loan obligations of people displaced from Karabakh, covering debts accumulated up to 2023 that were transferred to the state and are currently under enforcement proceedings.

According to a government press release, the decision also applies to enforcement proceedings secured by movable property (except gold items), where the principal debt per borrower did not exceed 5,000,000 drams at the time it was transferred to the state.

Citizens will be fully exempt from paying enforcement costs, and all restrictions and seizures imposed on their property and bank accounts will be lifted.

Read the article in: EspañolفارسیՀայերենRussian

Published by Armenpress, original at 

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2026/06/05/armenia-to-write-off-certain-debts-of-displaced-karabakh-residents/

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS

Leave a Reply