Pashinyan: VAT returned to businesses doubled in 1.5 years

VAT returned to Armenian business entities in the first ten months of this year amounted to 117 billion drams, Prime Minister Nikol Pashinyan wrote on Facebook.

“The figure was 97 billion in ten months of 2018 and 54 billion in ten months of 2017,” the PM said.

“Thus, in one year and a half we have more than doubled this figure by returning over $245 million in working capital to businesses,” Pashinyan stressed.