Approximately 14,757 Applications Received for Unreliable Loan Repayment Program
The Ministry of Labor and Social Affairs of Armenia has received 14,757 applications under the unreliable loan repayment program. This was announced by Armen Margaryan, head of the department of family benefits at the ministry’s pension assurance and other monetary payments administration.
“Out of the 14,757 applications, around 4,400 have been approved, and as of June 2025, approximately 3,300 to 3,400 applications have already been sent for reimbursement. To date, 398 million drams have been spent under the program. In these months, we have a significant indicator: 1,000 beneficiaries who participated in the program have found employment,” he stated.
It is important to note that the figure of 14,757 refers to the number of applications, not individuals, as one person may apply multiple times.