RESULTS OF MORTGAGE LENDING STATE ASSISTANCE PROGRAM DISCUSSED IN STEPANAKERT
De Facto
2008-10-08 14:42:00
STEPANAKERT, 08.10.08. DE FACTO. The results of the mortgage lending
state assistance program for the period of nine months were discussed
in Stepanakert on October 7, in the course of a consultation held by
Nagorno-Karabakh Republic President Bako Sahakian.
According to the Central Department of Information under the NKR
President, in the course of the consultation Director General of the
Artsakh Investment Fund Karen Yesayan made a report.
The President called successful organizational and analytical parts
of the program, pointing out the need to further enlarge the scope
of explanatory and propagandistic ones.
According to Bako Sahakian, the procedures to get the mortgage
credits and the scope of program should be lightened and enlarged,
respectively. The President underscored that the participation of
the state in the mortgage lending program, especially in paying off
the interest rates, would increase.
The Head of the State noted that new impetus should be given to housing
construction with main accent put on decreasing the time frame process
and increasing the quality of the construction activities.
NKR PM Ara Harutyunian and other officials participated in the
consultation.
From: Emil Lazarian | Ararat NewsPress
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.
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