The government should conduct a policy of high wages, one of the most important tools of which is the establishment of a flat income tax in the Tax Code, with the precondition that the income tax will be reduced to 20 percent in the coming years.  RA Prime Minister Nikol Pashinyan announced this at a meeting with students and teaching staff of YSU Faculty of Economics and Management.

According to him, thus the government encourages not only high salary policy, but also education, highly qualified specialists. And by saying a highly qualified specialist, the prime minister does not mean only the technological sector, but also hopes that the stock exchange system will develop significantly in Armenia in the near future.  And in that direction, he assured, the government is working.

“We are trying to find state-owned companies in Armenia, whose securities can be put on the market, as well as try to encourage private companies with certain regulations so that they go that way.  The banking system in Armenia is well established, a certain system of services is also established, where we can also say that there is a potential to attract highly qualified specialists,” the Prime Minister noted.

At the same time, Pashinyan said that they are well aware that a certain stratification is inevitable, but it is in terms of serving the problems brought by that stratification that the government, as a priority, has defined the agricultural sector, which it considers to be related to technologies. The tourism sector was not neglected either.