YEREVAN, MAY 17, ARMENPRESS. The new Cabinet is discussing the probability of decreasing income tax rates, Prime Minister Nikol Pashinyan said at today’s Cabinet meeting in response to a statement of Vardan Harutyunyan – the former president of the State Revenue Service.

Harutyunyan had said that state revenue collections surpassed the expectations and amounted to a surplus of 14 billion AMD, which will enable to consider making certain changes in terms of income tax.

“Yesterday there has been a discussion on this matter with the president of the central bank and we will have a discussion over this issue with all members of the Cabinet,” the Prime Minister said.

The previous government was also considering this issue.

ENGLISH: Editor/Translator - Stepan Kocharyan