Yerevan/Mediamax/. The government of Armenia made a decision today to issue state credit guarantees to the Central Bank in the amount of 20mln EUR.

Finance Minister of Armenia Tigran Davtyan informed today that the guarantee is issued within the framework of the agreement between CB of Armenia and KfW German Bank under “Stable Development of the Dwelling Market” program.

Credit guarantees will be issued basing on terms, set for the National Hypothec Company.