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Gayane Hovsepyan

Armenia to Loan $9.1 Million to Artsakh

Armenia will provide an interstate loan of 3.5 billion drams (US$9.1m) to the Republic of Artsakh as additional funding aimed at alleviating social challenges created in the territory of Nagorno Karabakh in the post-war period.

The loan will be provided to the government of Artsakh at an annual interest rate of 0.01% until 2027, with a maturity date of January 1.

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