ONLY 80 REPRESSED PERSONS PROVIDED WITH LOANS FOR HOUSE
CONSTRUCTION SO FAR
02-02-2006 16:10:00 | Armenia | Social
YEREVAN, FEBRUARY 2, NOYAN TAPAN. 560 applications for
loans on cencessional terms to be given to repressed persons and
their direct heirs for house construction are now registered at
the RA Ministry of Labor and Social Issues. 113 applications
were submitted in 2005. Anahit Gevorgian, deputy head of the
ministry's department on problems of the disabled and elderly,
told NT correspondent that about 40 bids for loan funding are
submitted each year to the RA Ministry of Finance and Economy.
According to her, 80 repressed persons have been provided with
loans in the amount of 2-5 mln drams (4.4-11.1 thousand USD) so
far.
A. Gevorgian said that under the RA Law on Repressed
Persons, such persons also receive one time compensation of 12
thousand drams. About 200 repressed persons are eligible for a
one time compensation annually.