Armenian Prime Minister Declares End of "Tax Terror" Against Business

|

Economy

19.03.2026, 15:47

Armenian Prime Minister Nikol Pashinyan declared the issue of "tax terror" against businesses in the country closed.

Armenian Prime Minister Declares End of "Tax Terror" Against Business

YEREVAN, March 19. /ARKA/. Armenian Prime Minister Nikol Pashinyan declared the issue of "tax terror" against businesses in the country closed.

"Tax terror is closed. Since 2024, reports have periodically appeared on social media about the alleged onset of government pressure on businesses. On the contrary, we have repeatedly stated that we do not wish for any kind of terror, but are instead allocating hundreds of billions to programs to stimulate the economy," Pashinyan said at a government meeting on Thursday.

The Prime Minister noted that the Armenian government expects businesses to conscientiously pay their taxes.

Small farms in Armenia will receive interest-free loans - Papoyan

Small farms in Armenia will soon receive interest-free agricultural loans, announced RA Minister of Economy Gevorg Papoyan.

20.03.2026 11:02

Armenian government has allocated over 1 billion drams for 16 subsidy programs in the regions

At a meeting on Thursday, the Armenian government approved the allocation of over 1 billion drams to co-finance subsidy programs in the regions for infrastructure development.

19.03.2026 19:26

Pashinyan: Healthcare in Armenia is becoming an investment sector

Healthcare in Armenia is becoming an investment sector, stated RA Prime Minister Nikol Pashinyan.

19.03.2026 15:45

Armenian Ministry of Finance has proposed changing the VAT regime for the jewelry industry

The Armenian Ministry of Finance is proposing to establish a special tax regime for the development of the jewelry industry, announced Minister Vahe Hovhannisyan.

19.03.2026 14:00

Armenia to Present National Pavilion at Major Pharmaceutical Exhibition in Milan

Armenia will be represented by a national pavilion at the international pharmaceutical exhibition CPHI Milan, which will be held October 6-8 in Milan, the press service of the Armenian Ministry of Economy reported.

19.03.2026 12:51

The situation on the Armenian-Iranian border is under control - head of the Armenian State Revenue Committee

The situation on the Armenian-Iranian border is under control; there are currently no significant problems at the Agarak checkpoint, stated Eduard Hakobyan, head of State Revenue Committee.

18.03.2026 17:30

EDB: Armenia's 2025 budget executed with a deficit of 3.7% of GDP

Armenia's 2025 budget was executed with a deficit of 3.7% of GDP, which is in line with the 2024 level and below the planned target of 5.3% of GDP.

18.03.2026 16:50

EDB: Armenia's foreign trade deficit increased to $4.6 billion in 2025

Armenia's foreign trade deficit in 2025 widened to $4.6 billion from $3.9 billion the previous year, according to the Eurasian Development Bank's March report.

18.03.2026 16:48