Vice Premier and Finance Minister Zoran Stavreski has announced that Government project for stimulation and development of the construction sector, but also beneficial for citizens, "Buy a House, Buy a Flat" would continue in 2015.

Stavreski said the Budget had sufficient funds for the project's implementation.

"We have recently improved the conditions by reducing the interest rate for citizens to 3.95 percent for the first three years and 4.44 percent for the fourth and fifth year if the person chooses the model 'half installment'", he added.

The Finance Ministry said 331 families had received funds within the project, majority opting for buying an apartment.

"One model is 'half installment' where the citizen pays half of the installment funds. If buying a house, the state covers 75 percent of the installment", said Stavreski.

He added more citizens opt for the "half installment" model, but those who have difficulty of obtaining funds for share in the purchase of a house or a flat choose the second model, where the state covers 75 percent of the share when buying a house or 50 percent for a flat.