Armenian PM approves proposals to stimulate economy

CISTran Finance
Sept 8 2014

Armenian PM approves proposals to stimulate economy

September 8, 2014 8:30 AM
By Lisa Barron

Armenian Prime Minister Hovik Abrahamyan held a consultative meeting
recently to discuss government proposals for improving the country’s
business environment and stimulating the economy.

Participants discussed possible measures to provide fiscal support for
rural enterprises, revise the threshold for VAT holidays on imports
and consider a gradual overhaul of the VAT system, subsidize interest
payments on mortgages and implement an electronic payment system for
taxes.

Abrahamyan approved the measures and instructed government officials
to hold discussions with stakeholders and submit the results.

Aktiv Bank declared insolvent by Ukraine’s central

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