Preferential loan worth of 12 million Euros will be allocated to Armenia by the Agreement. The money will be allocated to the private sector for making investments in some spheres of renewable energy. Loan can be allocated to the legal persons for building solar stations or to the physical persons for building small autonomous stations.
The parliament ratified Ratifying the Agreement on Financial Cooperation of 2022 between the Government of the Republic of Armenia and the government of the Federal Republic of Germany at March 19 NA sitting.
The key rapporteur informed that the loan repayment term is designed until 2030. It will be allocated from the budget of the Federal Republic of Germany.
March 20, 2024 at 14:20