Today, at the Government Session, the Deputy Finance Minister of the RA Vakhtang Mirumyan introduced the draft on making changes and amendments in th 18 December 2014 Decision N 1515-N of the RA Government on Providing Budget Loans and the 2015 State Budget of the RA.
He noted that the draft foresees to plan providing a budget loan of 10 billion AMD, which will be allocated for the agriculture to ensure continuation of the project on providing available credits. “This draft is introduced upon the instruction provided at the previous session of the Government. The credit will be allocated through the commercial banks in the appropriate directions. The credit is provided till 5 June 2015; with an annual interest rate is 8 percent,” the Deputy Minister said.
The Prime Minister asked who had decided the deadlines in 2015, but Mr. Mirumyan had no answer. He only noted that it was a recommendation. “What does it mean to offer; our agreement was for two years, so why are you writing until 2015?” asked the Prime Minister turning to the Minister – Chief of Staff of the Government Davit Harutyunyan, but not receiving a reply he turned to the Meber so of the Government, “I do not understand one thing, we agree about one thing, but there is something else in the documents. I do not understand, is anyone aware of it, Mr. Javadyan?”
Arthur Javadyan, the Chairman of the Central Bank clarified, “Mr. Prime Minister, we shall present you the problem after the session if it is possible. We speak about two years after granting, we speak about granting only I this year,” he said.
The Prime Minister turned to the Chairman of the Central Bank and noted “What is our support for, because we suggested it to you in the years of hail hails in Armavir and you agreed to postpone the credits because your cycle was hindered, and this is why you are supporting us? We give you the resources to ensure affordable loans to farmers.”
During this discussion, he also reprimanded one of the members of the executive: “Do not disturb, you are speaking simultaneously with me.”
