Nairit loan from EurAsEC anti-crisis fund still under question

Armenian Prime Minister Tigran Sargsyan has commented on the loan for the Nairitu chemical plant, Armenia Today reports.

The loan will be issued for 10-15 years from the EurAsEC anti-crisis fund. The enterprise requested the loan last year. A document was composed with prospects for the factory. Nairitu currently needs an operator to manage it.

An operator is essential for the loan, it will allow the government to take up additional risks. Sargsyan noted that they are currently working on the issue.