Economy

Government returned 245 million dollars in working capital to businesses in 1,5 years, says PM

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Government returned 245 million dollars in working capital to businesses in 1,5 years, says PM

YEREVAN, NOVEMBER 6, ARMENPRESS. With results of the first ten months of 2019 the amount of VAT returned to businesses amounted 117 billion drams, Prime Minister Nikol Pashinyan said.

The figure was 97 billion in 2018’s first ten months, and 54 billion in 2017, according to the PM.

“Meaning, during one and a half year we have more than doubled this figure, by returning over 245 million dollars in working capital to businesses,” he wrote on Facebook.

Edited and translated by Stepan Kocharyan

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