Government’s debt to businesses reaches historic low, says Pashinyan

11:50, 6 May, 2021

YEREVAN, MAY 6, ARMENPRESS. In the last three years the government returned 200 billion drams to businesses, according to caretaker PM Nikol Pashinyan.

“The process of VAT return has always been historically problematic in Armenia. Hundreds of billions of drams in debts were accumulated and I want to say that as of April we have a historic minimum in terms of tax returns to businesses, meaning as of April the debt stood at 67,4 billion drams, and moreover we’ve surpassed our own record,” he said at the Cabinet meeting.

Editing and Translating by Stepan Kocharyan

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS