Today.Az » Society » Abolishment of Ministry of Youth, Sport and Tourism not to generate any problem in preparation of mortgage mechanisms
02 February 2006 [10:29] - Today.Az
Intigam Babayev talks about mortgage mechanisms.
"Abolishment of the Ministry of Youth, Sport and Tourism will not generate any problem in preparation of mortgage mechanisms. International practice and domestic resources will be taken into consideration in preparation of mechanisms," journalists were told by the deputy minister of youth and sport Intigam Babayev.
According to him, cases of prepayments exist in world practice. However, its amount can be decreased taking resources into consideration. Interest rate intended for the youth will be 50% less in comparison with other people, APA informs.