Politics

Government Returns 180 Billion Dram in Working Capital to Businesses: Pashinyan

Government Returns 180 Billion Dram in Working Capital to Businesses: Pashinyan

Armenian Prime Minister Nikol Pashinyan has made a post on his Facebook page, presenting some economic data.

"As of January 1, 2018, the government owed businesses 275 billion dram in tax overpayments. As of December 1, 2019, this debt amounts to 95 billion dram, including current VAT debts and debits. This means that within a year and a half, the government has returned 180 billion dram in working capital to businesses. The process continues, including the return of VAT debits," he wrote.

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