BENEFICIARIES

Eligible beneficiaries include legal entities, communities, and individual entrepreneurs who meet the following conditions:

a. Hold a credit history report (from the ACRA Credit Reporting Bureau) and, in the 12 months preceding the application date, have no overdue credit obligations of 60 days or more in total;

b. Have a tax history, i.e., in the 365 days preceding the application date, have no outstanding tax obligations/liability on income under the supervision of the tax authority.

CONTENT

The main objective of the programme is to improve animal housing conditions and thereby increase livestock productivity indicators by providing state support for the construction or reconstruction of “Smart” livestock buildings and their technological modernization. The programme consists of two components: partial cost reimbursement and partial subsidization of interest rates on loans. Loan interest subsidies are designed so that beneficiaries receive loans at an interest rate of 2%. However, for the following categories, loans are provided at 0% interest rate: founders of legal entities or individual entrepreneurs who became disabled as a result of combat duty or operations during military service; economic operators in border settlements defined by the RA Government decree; cooperatives engaged in activities in the field of agriculture.

https://www.arlis.am/hy/acts/225874

LIMITATIONS

Each beneficiary may receive only one type of support under the programme for the construction or reconstruction and technological modernization of the same livestock facility.