Armenia to subsidize more than $1 million for agricultural equipment leasing

Armenia to subsidize more than $1 million for agricultural equipment leasing

Armenia will subsidize more than $1 million for agricultural equipment leasing in the next six years, Armenian Deputy Minister of Agriculture Robert Makaryan told reporters on Saturday during signing of a memorandum on leasing of agricultural equipment with “Small and Medium Entrepreneurship Development National Center”, NEWS.am reports.

Makaryan stated that over 90% of their agricultural equipment was older than 20 years and needed modernization.

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