Starting from 2027, a specialized mortgage program for young families will be implemented in the country. According to the new resolution, housing loans will be offered at the Central Bank's base rate, currently around 14 percent. If interest rates offered by banks exceed this level, the surplus will be covered by the state. This initiative is expected to significantly ease the process of purchasing housing for young families.
The mortgage loans will apply exclusively to houses on the primary market, meaning the program only supports the purchase of newly constructed homes. Furthermore, to qualify for the program, both spouses must be under the age of 30. Additionally, they must not have had any residential property registered in their names within the last three years.
The resolution also outlines another significant direction: providing for international internships for teachers, as well as the allocation of interest-free loans for educational centers and business entities. These initiatives are aimed at fostering development in the economic and educational sectors.
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